Medline Industries, a medical supplies provider, is reportedly preparing for an initial public offering (IPO) in the US that could exceed $5bn, as reported by Reuters.

Medline and Centurion Medical Products announced an agreement for Medline to acquire the Williamston, Michigan-based medical supplies manufacturer.

The venture involves delivering medical supplies around the country, but concerns have been raised about how goods are distributed and financial relationships with the firms. Medline is ...

The business, Ontario-based Medical Mart, is a medical supplies distribution company with more than $250 million in revenue and 200 employees, according to a statement from Mundelein-based Medline.

Medline Canada, a subsidiary of Medline Industries, has acquired Stat Healthcare Corp, a Calgary-based provider of medical and laboratory supplies with expertise in clinic set-ups.

Medical product maker Medline, which has grown rapidly making personal protective equipment during the pandemic, said it will buy Hudson RCI respiratory products for $286 million.

Medline, based out of the Chicago area, is one of the country’s largest family-owned manufacturers and distributors of medical products.

Large private equity firms managed by Blackstone, Carlyle and Hellman & Friedman will buy a “majority stake” in medical product maker Medline, which has grown rapidly making personal ...