Cantel Medical Unit Buys Eagle Pure Water Systems
CANTEL MEDICAL CORP. (NYSE: CMN), through its Mar Cor Purification subsidiary, has continued the expansion of its water purification and filtration segment by purchasing the assets of Pennsylvania-based Eagle Pure Water Systems, Inc. Eagle Pure Water provides water treatment services for laboratory, industrial and medical customers in the Philadelphia area. The acquired business had pre-acquisition revenues of approximately $0.5 million. This cash deal is expected to be modestly accretive to Cantel's earnings per share in fiscal year 2013 and beyond.
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