Bsn Medical

Bsn Medical keeps the pressure on. The medical device maker specializes in manufacturing equipment for wound care, orthopedics, and venous and lymphatic diseases. Its products include bandages, casts, splints, and other orthopedic and physiotherapy goods; adhesive tapes and compresses for wound care; and compression garments and bandages used to treat varicose veins and other conditions. The firm's equipment is marketed under brands such as Actimove, Gypsona, JOBST, and Leukoplast. Bsn Medical has manufacturing facilities in the Americas, the Asia/Pacific region, Europe, the Middle East, and South Africa. The company is controlled by Montagu Private Equity.

While BSN medical occasionally makes strategic acquisitions to drive the expansion of its operations, it primarily extends its product offerings through internal development efforts. For instance, in 2011 the company conducted new product launches including the introduction of new water-resistant medical bandages and a knee-immobilizing orthopedic device.

The company sells its products both directly and through distributors. Its customers include doctors, patients, medical clinics, and hospital groups. Bsn Medical benefits from forming supply agreements with certain customers; for instance in 2009 US subsidiary Bsn Medical, Inc. entered a multi-year contract with group purchasing organization Novation to be the single provider of casting and splinting supplies for Novation's client hospitals.

Headquartered in Germany, the company was founded in 2001 as a joint venture between Smith & Nephew and Beiersdorf. In 2006, Montagu Private Equity financed a management buyout of the company. Backing from the investment firm gave Bsn Medical financial leverage to conduct broader expansion efforts, including the acquisitions of Cognon-Morin (compression therapy devices) and FLA Orthopedics (bracing products) in 2006 and 2007.