ConvaTec increases footprint in France and Benelux
EuroTec manufactures and distributes one- and two-piece ostomy systems and accessories
Company
LON:CTEC
ConvaTec is a global medical products and technologies company, with leading market positions in ostomy care, wound therapeutics, continence and critical care, and infusion devices. Our products provide a range of clinical and economic benefits, including infection prevention, protection of at-risk skin, improved patient outcomes and reduced total cost of care. Our brands include AQUACEL® advanced wound dressings, which form a gel on contact with wound fluid, creating an optimal environment for wound healing. ConvaTec has over 8,000 employees, with 11 manufacturing sites in 8 countries, and we do business in more than 100 countries. We are owned by Nordic Capital and Avista Capital Partners.
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EuroTec manufactures and distributes one- and two-piece ostomy systems and accessories
After gaining elevation to the FTSE 100 in last week’s quarterly reshuffle, colostomy bag maker ConvaTec got some more good news today as broker Deutsche Bank started coverage on the stock with a buy rating.
Against a tide of negativity, the British wound dressings maker has successfully completed the biggest flotation in London this year