Cenorin Closes Sale of AquaGuard Division
On October 1, 2018, Cenorin, LLC closed the sale of its AquaGuard division to Covalon Technologies Ltd, a Canadian publicly-traded medical technologies business. The purchase price consisted of a combination of cash and stock and Covalon acquired all assets and staff of the AquaGuard division.
Cenorin is a Seattle-based medical technologies company founded in the mid-1970s to address issues of infection control, patient comfort, healthcare worker safety and socially conscious waste management. Their AquaGuard product line and division, developed over multiple decades, specializes in infection protection products that protect surgical incisions, intravenous sites, catheters, PICC lines and other dressings from water and other moisture.
Foster Pepper was pleased to represent Cenorin in this transaction and looks forward to supporting Cenorin in its continued growth.