Essity, a hygiene and health company, has acquired Hydrofera, a provider of technology and products for advanced wound care, for $116 million.
Hydrofera is a developer of Hydrofera Blue Antibacterial Wound Dressings, a line of wound care products created to shorten healing times, lower treatment costs and provide better patient outcomes. The firm has a direct sales force with agreements and preferred provider status with national medical and surgical distributors across the U.S. and Canada.
“The acquisition of Hydrofera is yet another great strategic fit for Essity further strengthening our innovation capacity and expanding our offering within advanced wound care.” added Ulrika Kolsrud, president health and medical solutions at Essity. “The company has innovations that significantly accelerate healing and reduce the patient’s discomfort.”