Hill-Rom To Buy TRUMPF Medical - Quick Facts

(RTTNews) - Hill-Rom Holdings, Inc. (HRC) announced an agreement to purchase TRUMPF Medical, the medical unit of the privately held TRUMPF Group, for approximately $250 million in cash. The company said the acquisition will be immediately accretive to its adjusted earnings per share. In fiscal 2015, Hill-Rom expects TRUMPF Medical to add approximately $0.12 - $0.15 per share in adjusted earnings.

TRUMPF Medical, based in Germany, provides a portfolio of operating room infrastructure products such as surgical tables, surgical lighting, and supply units. TRUMPF Medical's revenues for the last twelve months were approximately $250 million.