Tenex Capital Management has successfully divested Ohio Medical, a manufacturer of medical gas systems, to ESAB Corporation, enhancing Ohio Medical's growth prospects and global reach.

Overview of Ohio Medical

Ohio Medical, LLC is a well-established manufacturer specializing in the production of oxygen regulators and central gas systems. With a rich history spanning over a century, the company was founded in 1910 in Cleveland, Ohio. It operates under recognized brands such as Ohio Medical and Amvex, offering a diverse range of products including medical suction regulators, air and oxygen flow meters, medical air and vacuum pumping systems, and portable suction equipment.

Recently, Ohio Medical has undergone significant transformation through strategic investment and product development, aiming to enhance its operational capabilities and market reach. CEO Tony Wieczorek highlighted the advancements made during the partnership with Tenex Capital Management, which focused on improving transparency, fostering a performance-driven culture, and upgrading manufacturing processes.

Industry Overview in the United States

The medical manufacturing industry in the United States has long been a cornerstone of healthcare innovation, contributing to the development of essential medical devices and systems. With a market value in the hundreds of billions, this sector includes a wide range of produ