International purchase has added benefits for Steris

Story excerpt provided by Crain’s Cleveland Business.

Written by Chuck Soder.

Steris Corp. wants to become an international company — and not just for the tax benefits.

Sure, the medical sterilization company’s real headquarters will remain in Mentor, even after it becomes a British company through a so-called inversion.

But make no mistake: Steris’ international footprint will grow by several shoe sizes if it succeeds in buying Synergy Health PLC in a $1.9 billion cash-and-stock deal.

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Originally published October 19, 2014.