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Revenues reached only $35 million in fiscal 1997, to go with net income of $1.1 million.
2000 The company's name is changed to Cantel Medical Corporation.
Minntech Corporation Acquired 2001
In August 2003, just after the 2003 fiscal year came to a close on July 31, Cantel was ready for further external growth.
With contributions from its four acquisitions, Cantel experienced a 31.5 percent increase in sales to $170 million in fiscal 2004, while net income improved to $10.7 million.
Cantel enjoyed another strong year in fiscal 2005, as sales approached the $200 million mark and net income totalled $15.5 million.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mar Cor | 1969 | $160.0M | 256 | - |
| Cantel Medical | 1963 | $1.0B | 2,693 | - |
| Baxter International | 1931 | $10.6B | 48,000 | 165 |
| Boston Scientific | 1979 | $16.7B | 36,000 | 776 |
| BD | 1897 | $19.4B | 76,032 | 232 |
| King Systems | - | - | - | - |
| Lumitex | 1985 | $22.1M | 100 | 1 |
| Step 2 | 1986 | $5.0M | 13 | - |
| Pelton and Crane | 1900 | $61.5M | 113 | - |
| Span-America | 1984 | $67.6M | 350 | 17 |
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