Rotech is a home medical equipment provider with more than 4,200 employees and operates about 325 locations, according to a July 23 news release from Owens & Minor. In 2023, Rotech made about $750 million in revenue.
Owens & Minor said the acquisition will bolster its portfolio and better serve providers and payers.
With anticipated tax benefits, the new purchase price is about $1.32 billion, the release said. The transaction is expected to close by late 2024.
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