Sterimed's Westfield Medical acquires Granton Medical

Sterimed Group's UK subsidiary, Westfield Medical, has successfully completed the acquisition of Granton Medical, a leading UK-based manufacturer of sterilization pouches and provider of packing services for the medical device industry.

Granton Medical has established itself as the largest manufacturer of self-seal pouches for sterilization centers and hospitals in the UK, and also offers contract packing services under the brand name Cleanline®.

The acquisition will allow Sterimed to expand its portfolio of products and services to the medical industry and make a significant step towards contract packing and associated services for medical device companies.

James Vero, CEO of Westfield Medical, believes that this move will not only strengthen Sterimed's presence in the UK but will also open up new development opportunities.

Joe Coghlan and Charles Davey at Bishop Fleming were Corporate Finance advisors to Sterimed.

Joe Coghlan said:

“We’re very pleased to have helped Westfield and Sterimed with their latest acquisition. This deal further cements Westfield’s strength in the UK market and we look forward to continuing to work with them as they grow”.

Bishop Fleming worked on the deal alongside James Worrall and Freya Still on the corporate legal team of RWK Goodman.

Freya Still commented:

“It was a pleasure working with the teams at Westfield and Sterimed on the transaction and we’re delighted to see the historic Granton Medical business join the Sterimed global group.”

The Bishop Fleming Corporate Finance team enjoyed one of its most successful ever years in 2022. We advised a range of clients across the UK on strategically important disposals and acquisitions, which in many cases were the culmination of years of hard work.

Below, we provide an insight into what has kept us busy over the last 12 months.

Click here to download our Corporate Finance Deals Review 2022.