Medline Industries

Medline Industries, LP Overview

Medline Industries, LP, founded in 1966 and headquartered in Northfield, Illinois, USA, is the largest private healthcare supply manufacturer and distributor in the country. Its origins trace back to 1910, when A.L. Mills founded Northwestern Garment Factory, later evolving into Mills Hospital Supplies Inc. In 1966, Jim and Jon Mills established Medline in Evanston, Illinois. Today, Medline employs over 38,000 people worldwide, operates more than 50 distribution centers in North America, and serves over 100 countries.

Company Overview

Medline has evolved from a textile producer to a vertically integrated healthcare supplier. Its product portfolio began with surgical gowns and uniforms and has expanded to non-woven products, injection-molded equipment, surgical trays, and advanced wound care. In 2024, Medline ranked 4th among the top 100 global medical device companies, reporting $23.2 billion in revenue, a 9.4% increase from 2023. In August 2024, it acquired Ecolab’s global surgical solutions business for $950 million. Medline plans to go public in 2025, targeting a valuation of up to $50 billion.

Core Business and Product Pipeline

Medline offers more than 550,000 products and solutions to hospitals, surgical centers, long-term care facilities, home care providers, and retailers. Key categories include:

• Surgical Gloves: Nitrile, latex, and vinyl options for diverse surgical needs.

• Masks: Surgical masks, procedure masks, and N95 respirators for multi-level protection.

• Wound Care Products: From bandages to advanced hydrocolloid and foam dressings.

• Surgical Consumables: Drapes, gowns, caps, and shoe covers ensuring sterile environments.

• Medical Supplies: Syringes, catheters, ostomy and urology supplies.

• Infection Prevention: Disinfectants, sterilization systems, and infection control tools.

Market Position

Medline has a customer retention rate of 98% over the last five years. Acquired in 2021 by Blackstone, Carlyle, and Hellman & Friedman for $34 billion, it remains one of the largest leveraged buyouts in history. Its flagship products—surgical gloves, masks, wound care, and consumables—are globally recognized for quality and innovation. Notably, the BioMask, launched in 2011, was the first FDA-approved antiviral medical mask.

Recent Developments

In 2024, the acquisition of Ecolab’s global surgical solutions strengthened Medline’s presence in surgical infection prevention. With its IPO scheduled for 2025, Medline is projected to raise over $5 billion, ranking as one of the top three U.S. IPO projects that year.

Contact Information

Headquarters: 200 East Hawley Street, Northfield, IL 60093, USA
Phone: +1 (800) 323-4730