CHICAGO, Ill. — Hill-Rom announced that it is acquiring Mortara Instrument, for $330 million in cash.
The Milwaukee-based company is a leader in diagnostic cardiology and patient monitoring solutions, technologies, and devices.
Mortara operates under three brands, Mortara, Quinton, and Burdick, and makes devices to serve from acute to primary care and clinical research.
Mortara has over 400 employees globally and generated approximately $115 million in revenue in 2016.
Mortara’s CEO, Dr. Justin Mortara, intends to join Hill-Rom and continue in his leadership capacity.
