Northfield, Illinois-primarily based Medline Industries, just one of the most significant producers and suppliers of wellness care merchandise like equipment, professional medical clothing and bandages, logged $17.5 billion in income in 2020. The privately held corporation, launched in 1910 by A.J. Mills, is nonetheless led by the Mills family members.
“This investment decision from some of the world’s most professional and effective personal investment decision companies will help us to speed up that tactic whilst preserving the family-led society that is main to our achievement,” said Medline CEO Charlie Mills in a statement.
GIC, Singapore’s sovereign prosperity fund, is also investing as element of the partnership, in accordance to the assertion.