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Essity acquires US orthopaedics company AquaCast Liner

04 Jan '22

1 min read

Pic: Essity

Hygiene and health company, Essity, has announced the acquisition of orthopaedics specialist company, AquaCast Liner, a provider of waterproof cast liners on the US market. The purchase price is not material relative to Essity’s market capitalisation and is not disclosed. AquaCast Liner is a privately held company founded in 2012, based in Newark, Delaware.

Growing through acquisitions in medical solutions is a key strategic priority for Essity and with this acquisition the company is strengthening its leading market position in fracture management while extending its portfolio offering in the waterproof and water-resistant cast segment. AquaCast’s product portfolio consists of waterproof rolls and hip spica liner products under the AquaCast Liner brand, which are sold to orthopaedics professionals to be used in combination with fiberglass casting, Essity said in a press release.

“The acquisition strengthens our position and offering in the orthopaedics immobilisation segment in the US. AquaCast Liner’s product range is a good complement to our synthetic casting range and water resistant undercast material Delta-Dry,” Ulrika Kolsrud, president health and medical solutions at Essity said in a statement.

Fibre2Fashion News Desk (GK)