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Medline Targets $7 Billion IPO Amid Strong Sales Surge

12/17/2025

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Story summary
  • Medline, a Northfield-based medical supplies company, plans an IPO up to $7 billion, issuing 179 million shares at $26–$30.
  • Medline reported net sales of $20.6 billion for nine months ending September 2025, up from $18.7 billion the prior year.
  • The IPO is expected to price late Tuesday, led by Goldman Sachs, Morgan Stanley, Bank of America, and JPMorgan.
  • Medline employs over 43,000 people globally.