"Medline Inc. is a maker of medical supplies. The company is based in Northfield, Illinois, and was originally founded in 1966 by brothers Jim and John Mills. According to the company's S-1 filing with the U.S. Securities and Exchange Commission (SEC), Medline makes approximately 335,000 different medical and surgical products-everything from wheelchairs to masks to scalpels. It manufactures this extraordinary portfolio of products at 33 global facilities and has customers in more than 100 countries."
"And now, an IPO this week is set to dwarf all others that have come before it this year. Despite its IPO this week, this isn't the first time Medline has publicly listed its stock. As Reuters reported, Medline originally went public in 1972. But just five years later, in 1977, the Mills brothers took the company private again. The company grew massively over the next several decades, ultimately attracting the attention of private equity."
Medline Inc. is a Northfield, Illinois–based manufacturer of medical and surgical supplies offering about 335,000 products and operating 33 global facilities. The company serves customers in over 100 countries and employed more than 43,000 workers at the end of 2024. For the nine months ending September 27, Medline reported $20.6 billion in net sales and $977 million in net income, up from $18.7 billion and $911 million a year earlier. Medline previously went public in 1972, returned to private ownership in 1977, expanded significantly, and attracted private-equity interest. The current IPO is set to be the largest U.S. offering of the year.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]