Cortec Checks Into Canadian Hospital Specialties ULC
November 15, 2013
Cortec Group has acquired Canadian Hospital Specialties ULC using its Cortec Fund V. Based in Ontario, CHS manufactures, sells, markets and distributes disposable medical and surgical products primarily to the Canadian healthcare market. The company had been owned by Hammond, Kennedy, Whitney & Company, which acquired CHS in 2010. For Cortec, the acquisition represents the fourth platform investment in its fifth fund.