Market Overview

Clinical Innovations acquires French company MVF Disposables


Deal strengthens global growth strategy, European presence

, one of the world's largest medical device companies
focused on labor and delivery and neonatal intensive care, announced
today it has acquired French company MVF Disposables.

The deal follows recent expansions by Clinical Innovations in Germany,
Australia and China, supporting the company's global growth strategy and
strengthening its presence in the European market. A leading obstetrics
company based in Nancy, MVF Disposables will operate as a wholly owned
subsidiary of Clinical Innovations.

"Our growth is driven by our focus on improving outcomes for mothers,
babies and physicians around the world," said Ken Reali, president and
CEO of Clinical Innovations. "Philippe Evrard, president of MVF, has
built his medical device company into a first-rate organization. Adding
it to the Clinical Innovations portfolio perfectly supports our goals
and positions us to grow even more in the French and European markets.
We look forward to welcoming the MVF Disposables team and working with
them to continue our expansion."

With industry-leading products such as the ebb® Complete Tamponade
System, traxi® Panniculus Retractor and Kiwi® Vacuum-Assisted Delivery
System, Clinical Innovations has a presence in more than 90 countries,
including 85 percent of the hospitals in the U.S. and Western Europe.
The company, based in Salt Lake City, has quickly grown its global
footprint in recent years, expanding to new territories and
strengthening its presence in established markets.

Health care expenditures in France are among the highest in Europe, at
€240 billion per year. With a population of more than 67 million,
750,000 annual births and 500 maternity hospitals, France represents a
significant opportunity for the company to expand its direct footprint
in a major European market.

"We are pleased to add another beachhead to our growing direct sales
force," said Steve Cash, senior vice president of global sales. "I look
forward to working with Glenn Weatherley, general manager of Clinical
Innovations Europe, and the rest of his team to develop and strengthen
our business in France."

In 2017, Clinical Innovations acquired German company Brenner Medical
GmbH. In June, it acquired Australian distributor JB Medical Supplies.
And in July, it established CI Medical Instruments in China.

Clinical Innovations is owned by EQT, a leading investment firm with
approximately EUR 50 billion in raised capital across 27 funds. Formed
in 1993, Clinical Innovations is celebrating its quarter-century
anniversary throughout 2018.

About Clinical Innovations

Clinical Innovations is one of the largest medical device companies
exclusively focused on labor and delivery and neonatal intensive care.
The company is a market-leader in several categories with products such
as the Koala® Intrauterine Pressure Catheter, Kiwi® Vacuum-Assisted
Delivery System, ROM Plus® Rupture of Membranes Test, traxi® Panniculus
Retractor, ClearView® Uterine Manipulator, the babyLance™ Safety heel
stick and the ebb® Complete Tamponade System. Clinical Innovations is
expanding its global presence while directly researching and developing
state-of-the-art technologies and innovative medical devices that
fulfill its mission of improving the lives of mothers and their babies
throughout the world. Clinical Innovations is an EQT portfolio company.
For more information, visit

About MVF Disposables

MVF Disposables is a leading obstetrics distributor in France, supplying
leading-edge products used in labor, delivery and neonatal care. For
more information, visit

About EQT

EQT is a leading investment firm with approximately EUR 50 billion in
raised capital across 27 funds. EQT funds have portfolio companies in
Europe, Asia and the U.S. with total sales of more than EUR 19 billion
and approximately 110,000 employees. EQT is an active investor and owner
in the health care sector, including investments in Certara, Press
Ganey, Ottobock, Sivantos, and Lima. EQT works with portfolio companies
to achieve sustainable growth, operational excellence and market
leadership. For more information, visit

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