STE · 10-Q · 2026Q2 · Full report

Acquisition / Partnership / Divestiture

STERIS plc · 2026-08-07 · Importance 50 · Surprise 58 · In source text

STERIS completed three tuck-in acquisitions during the first three months of fiscal 2027 to expand Healthcare products and services. Aggregate consideration was approximately $17.3 million, including deferred and potential contingent consideration, compared with $15.0 million for one Healthcare tuck-in acquisition in the prior-year quarter. Acquisition and integration expenses increased to $1.5 million from $0.5 million. Cash used for acquisitions, net of cash acquired, was $16.0 million in fiscal 2027 versus $15.0 million in fiscal 2026.

Key facts

• During the first three months of fiscal 2027, STERIS completed three tuck-in acquisitions recorded at fair value with total aggregate consideration of approximately $17.3 million (including deferred and contingent consideration). source
• During the first three months of fiscal 2026, STERIS completed one tuck-in acquisition with total aggregate consideration of approximately $15.0 million. source
• During the first three months of fiscal 2027 and 2026, STERIS used $16.0 million and $15.0 million, respectively, to acquire businesses (acquisition of businesses, net of cash acquired). source
• Acquisition and integration expenses totaled $1.5 million for the three months ended June 30, 2026 and $0.5 million for the three months ended June 30, 2025. source

Impact estimates