Medical sterilising firm Synergy Health has bought US outfit MSI Surgical Solutions for 6.5m pounds.
The transaction will be funded out of existing debt facilities.
MSI operates a hospital sterilisation facility in New York, and is the second-largest provider of these outsourced services in the US.
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The business recorded revenues of $4.0m (approx. £2.5m) in the year ended December 31st 2011, and has been acquired for a cash consideration that equates to 6.5 times earnings before interest, tax depreciation and amortisation.
Synergy says the big idea is to develop a hospital outsourcing service within the United States, following the acquisition of medical device steriliser BeamOne in April.
Synergy's stock is up 1.7% over the last 12 months.
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