Owens & Minor ( (OMI) ) has issued an announcement.
Owens & Minor, Inc. announced a definitive agreement to acquire Rotech Healthcare Holdings, Inc., aiming to enhance its presence in the home healthcare market. The transaction, valued at $1.36 billion, is expected to close in the first half of 2025, subject to FTC review, and is anticipated to create a more competitive and diversified company, expanding its existing home-based care businesses.
More about Owens & Minor
Owens & Minor, Inc. is a Fortune 500 global healthcare solutions company that provides essential products and services supporting care from hospitals to homes. With over 140 years of service, the company serves more than 4,000 healthcare providers and 3.2 million patients in the home, operating over 400 facilities worldwide. Its affiliated brands include Apria, Byram, and HALYARD, and it aims to ensure healthcare remains at the forefront by delivering comfort and confidence through its 20,000 teammates globally.
YTD Price Performance: -21.48%
Average Trading Volume: 1,511,973
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $757M
See more data about OMI stock on TipRanks’ Stock Analysis page.