The Cooper Companies Explained

The Cooper Companies, Inc.
Type:Public
Area Served:Worldwide
Key People:Albert G. White III
(President & CEO)
Industry:Medical Devices
Products:Medical Devices
Num Employees:15,000 (2025)
Revenue: US$4.09 billion (2025)
Operating Income: US$683 million (2025)
Net Income: US$375 million (2025)
Assets: US$12.4 billion (2025)
Equity: US$8.24 billion (2025)
Footnotes:[1]

The Cooper Companies, Inc., branded as CooperCompanies, is a global medical device company headquartered in San Ramon, California.[2] The company consists of two business units, CooperVision (CVI) which manufactures contact lenses, and CooperSurgical (CSI), which manufactures medical devices and fertility and genomic products for the women's healthcare market.[3]

History

Parker Montgomery, a lawyer, bought Martin H. Smith Co. in 1958. The company was renamed to Cooper, Tinsley Laboratories, Inc. in 1961. Its name was changed to Cooper Laboratories Inc. in 1967,[4] [5] and entered the contact lens business when it acquired British lens maker GlobalVision in 1972.[6]

In 1980, Cooper Laboratories reorganized into three business groups: CooperVision, CooperCare and CooperBiomedical, with Cooper Medical Devices Corp. added as a fourth group one year later.[7]

The company was renamed The Cooper Companies in 1987. Three years later, it was further restructured into three business units: CooperVision, CooperSurgical and CooperVision Pharmaceuticals (dissolved in 2003).

Currently, the firm operates as two business units: CooperVision and CooperSurgical.[8] CooperVision serves contact lens wearers and eye care practitioners.[9] Products include a range of daily, two-week and monthly disposable contact lenses, and other spherical, toric and multifocal lenses for astigmatism, nearsightedness and farsightedness, and presbyopia.[10]

CooperSurgical is the medical device and fertility and genomics unit of the companies. It became a business unit in 1990 and its focus includes women's health and fertility.[11] [12] It is headquartered in Trumbull, Connecticut.

Acquisitions

Ocular Sciences Inc. was acquired by CooperVision in 2005.[13]

CooperSurgical acquired AEGEA Medical, a medical manufacturing company in February 2021.[14] A month later, in March, the company acquired Safe Obstetric Systems,[15] and in December 2021, CooperSurgical acquired Generate Life Sciences for $1.6 billion.[16]

In March 2022, CooperSurgical acquired Cook Medical's reproductive health business for $875 million.[17] During that same year the company acquired EnsEyers, a supplier of orthokeratology and scleral contact lenses.[18]

See also

Notes and References

  1. Web site: FY 2025 Annual Report (Form 10-K) . December 5, 2025 . U.S. Securities and Exchange Commission.
  2. Web site: Rogers . Jack . 2022-08-03 . Bay Area Surgical Device Maker Plans 1.2M SF Expansion . 2022-11-22 . GlobeSt . en.
  3. Web site: The Cooper Companies - Consensus Indicates Potential 22.2% Upside - DirectorsTalk Interviews . 26 April 2022 .
  4. Web site: Admin . 2013-01-16 . CooperVision's Strategic Supply Chain Transformation: Mastering Complexity and Integration . 2025-06-20 . Supply Chain World magazine . en-GB.
  5. Web site: Assignment Center . Assignment Center . 2026-01-09.
  6. Web site: Rüsche . Sven Oliver . Sauerland Nachrichten . 2022-07-22 . Südwestfalen Nachrichten Am Puls der Heimat. . de-DE.
  7. Web site: Our Storied History . CooperVision . 11 March 2013 . https://web.archive.org/web/20220707022838/https://coopervision.com/blog/john-weber-our-storied-history . 7 July 2022 . live . 9 January 2026.
  8. Web site: Devarasetti . Hasini . 2022-02-08 . CooperCompanies to acquire Cook Medical's Reproductive Health business . 2023-11-21 . Medical Device Network . en-US.
  9. Web site: The Top 25 Healthcare Technology Leaders of Jacksonville for 2022 . 2022-12-10 . The Healthcare Technology Report . 20 September 2022 . en-US.
  10. Web site: CooperVision . CooperVision.
  11. Web site: Leuty . Ron . 2022-02-09 . How an East Bay giant is buying into a vision for women's reproductive health . 2023-01-03 . www.bizjournals.com.
  12. News: Hale . Conor . 2022-02-08 . CooperSurgical to acquire Cook Medical's IVF, OB-GYN businesses for $875M . en . Fierce Biotech . 2023-01-03.
  13. Web site: Admin . 2013-01-16 . CooperVision's Strategic Supply Chain Transformation: Mastering Complexity and Integration . 2025-06-24 . Supply Chain World magazine . en-GB.
  14. Web site: 2021-02-03 . CooperSurgical buys US company AEGEA Medical . 2023-01-18 . NS Medical Devices . en-US.
  15. Web site: Boyle . Annette . 2022-02-08 . Cooper acquires Cook's reproductive health lines for $875M . 2023-01-24 . www.bioworld.com . en.
  16. Web site: 2021-12-20 . CooperCompanies wraps up acquisition of Generate Life Sciences . 2023-01-18 . NS Medical Devices . en-US.
  17. Web site: Newmarker . Chris . 2022-02-07 . CooperCompanies to buy Cook Medical's reproductive health business for $875M . 2023-11-21 . MassDevice . en-US.
  18. Web site: Whooley . Sean . 2022-06-01 . CooperVision buys EnsEyes to accelerate specialty contact lens growth in Nordic countries . 2025-08-07 . MassDevice . en-US.