In November 2012, Medtronic Inc., the global leader in medical technology announced that it has completed the acquisition of Kanghui Medical, its first business unit headquartered outside the United States.
Located in Changzhou National Hi-Tech District, Kanghui covers an area of 120 acres (485,000 square meters) and has a built-up area of over 80,000 square meters. It has a registered capital of 470 million RMB, a total investment of 800 million RMB, and total assets of more than 1 billion RMB. As Kanghui business grows rapidly every year, its brand name has become more recognized in domestic and international markets. The Kanghui brand was named “Chinese Well-known Trademark”, and Kanghui products were recognized as “Jiangsu Province Top Brand Products”. From 2009 to 2012, Kanghui was consecutively honored by Forbes as “China Top 50 Most Promising Companies”. http://www.kanghui-med.com