ASP Acquires Majority Stake in UV Smart to Enhance Disinfection Technology
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
0mins
Source: Newsfilter
- Acquisition Strategy: Advanced Sterilization Products (ASP) announced its acquisition of a majority stake in UV Smart, a leader in high-level disinfection technology in Europe, which will enhance ASP's competitive position in the infection prevention market.
- Technological Advantage: UV Smart's D60 product achieves high-level disinfection using UV-C light, reducing the processing time for TEE probes from hours to minutes, significantly improving healthcare efficiency and lowering operational costs for hospitals.
- Market Expansion: This acquisition will extend ASP's innovative solutions to the European and North American markets, further solidifying its leadership in global infection prevention while accelerating the adoption of UV Smart's products worldwide.
- Strengthened Customer Relationships: UV Smart's dedicated customer relationships and skilled team align perfectly with ASP's long-term growth strategy, which is expected to drive collaborative development in the medical equipment disinfection sector.
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Analyst Views on FTV
Wall Street analysts forecast FTV stock price to fall
10 Analyst Rating
1 Buy
7 Hold
2 Sell
Hold
Current: 63.600
Low
51.00
Averages
59.30
High
65.00
Current: 63.600
Low
51.00
Averages
59.30
High
65.00
About FTV
Fortive Corporation is a technology solutions company. The Company's businesses design, develop, manufacture, and market products, software, and services, building on brand names, technologies, and market positions. The Company's segments include Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS). The Company's IOS segment provides advanced instrumentation, software and services to various customers enabling their mission-critical workflows. These offerings include electrical test and measurement, facility and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets. Its AHS segment supplies critical workflow solutions enabling healthcare providers to deliver patient care more efficiently. Its offerings include instrument sterilization solutions, instrument tracking, biomedical test tools, radiation detection and safety monitoring and end-to-end clinical productivity software and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Technological Advantage: UV Smart's D60 product achieves high-level disinfection using UV-C light, reducing the processing time for TEE probes from hours to minutes, significantly improving healthcare efficiency and lowering operational costs for hospitals.
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- Acquisition Strategy: Advanced Sterilization Products (ASP) announced its acquisition of a majority stake in UV Smart, a leader in high-level disinfection technology in Europe, which will enhance ASP's competitive position in the infection prevention market.
- Technological Advantage: UV Smart's D60 product achieves high-level disinfection using UV-C light, reducing the processing time for TEE probes from hours to minutes, significantly improving healthcare efficiency and lowering operational costs for hospitals.
- Market Expansion: This acquisition will extend ASP's innovative solutions to the European and North American markets, further solidifying its leadership in global infection prevention while accelerating the adoption of UV Smart's products worldwide.
- Strengthened Customer Relationships: UV Smart's dedicated customer relationships and skilled team align perfectly with ASP's long-term growth strategy, which is expected to drive collaborative development in the medical equipment disinfection sector.
See More
