12.05.2014 18:27:11

Cardinal Health Closes $320 Mln Acquisition Of AccessClosure

(RTTNews) - Healthcare services company Cardinal Health Inc (CAH) said Monday it has completed the $320 million acquisition of AccessClosure, a maker of extravascular closure devices in the U.S.

AccessClosure, based in Santa Clara, California, has annual sales of more than $80 million. The company's Mynx family of vascular closure devices is clinically proven and patient-friendly.

Cardinal Health expects the deal to have minimal impact on non-GAAP earnings in fiscal 2014 and to be slightly accretive to non-GAAP earnings in fiscal 2015.

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