According to reports, American medical supplies giant Medline is considering going public in 2025, with an estimated valuation of up to 50 billion US dollars.

According to informed sources, medical supplies giant Medline Industries Inc. is considering conducting its initial public offering (IPO), with a valuation that could reach as high as 50 billion dollars. The sources stated that the company, based in Northfield, Illinois, and its private equity owners are in preliminary discussions with banks to consider the possibility of going public as early as spring 2025. Medline is the largest private medical supplies manufacturer in the United States, primarily providing gloves, protective clothing, and examination tables to hospitals and healthcare professionals. In June 2021, Medline was acquired by Blackstone Group, Carlyle Group, and Hellman & Friedman in a leveraged buyout worth 34 billion dollars, making it one of the largest acquisitions in history. The sources indicated that Medline's performance has exceeded expectations, prompting its owners, including the Singaporean sovereign wealth fund GIC Pte, to propose a potential IPO. The discussions are still ongoing, and no decision has been made regarding the size or timing of the IPO. The sources added that any listing would be influenced by the broader market conditions. Medline's IPO could be one of the largest stock offerings in 2025. Amid market volatility, other large companies that have postponed their IPO plans are also monitoring Medline's IPO. According to the Medline website, the company's annual sales exceed 21 billion dollars.