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Cook Group

Cook Group Incorporated is a privately held, family-owned multinational corporation headquartered in Bloomington, Indiana, founded in 1963 by William "Bill" Cook and his wife Gayle Cook in the spare bedroom of their apartment with an initial investment of $1,500.^[1]^[2] The company began by manufacturing three pioneering medical devices—needles, wire guides, and catheters—aimed at enabling less invasive treatments for vascular conditions, marking the start of its focus on healthcare innovation.^[2] Today, Cook Group encompasses a diverse portfolio of businesses, with its flagship subsidiary Cook Medical leading in the development and global distribution of minimally invasive medical devices for specialties including interventional radiology, cardiology, vascular surgery, urology, and general surgery, serving nearly every body system and used in hospitals worldwide.^[3]^[4] Beyond medical devices, Cook Group operates in life sciences through services supporting medical device testing, regulatory compliance, and clinical trials to advance treatments and product development.^[3] Its services division includes the Cook Family Health Center for employee healthcare, K-Tube Technologies for precision stainless steel tubing used in medical and industrial applications, and Cook Aviation for business travel and airport management.^[3] Additionally, the group manages property through CFC Properties, which restores and oversees historic buildings and commercial spaces to preserve architectural heritage, and owns resorts such as the historic French Lick Springs Resort, West Baden Springs Hotel, and Canton Harvester Inn, contributing to community revitalization.^[3] With an estimated 12,000 employees across its global operations, Cook Group remains committed to its founding principles of invention, community involvement, and long-term growth under family leadership following Bill Cook's death in 2011.^[5]^[6]

Overview

Company Profile

Cook Group is a privately held, family-owned conglomerate founded in 1963 by William A. "Bill" Cook and Gayle Cook in Bloomington, Indiana.^[7] The company has remained under family ownership and control since its inception, emphasizing long-term stewardship and ethical business practices.^[3] Headquartered at 750 Daniels Way in Bloomington, Indiana, this location serves as the central hub coordinating the company's global operations across multiple continents.^[8] Cook Group primarily operates in the industries of medical devices, life sciences, property management, services, and resorts, with its flagship Cook Medical division leading in healthcare innovations.^[3] The company's core mission centers on driving innovation in minimally invasive medical solutions to improve patient outcomes while fostering diversified business growth that empowers individuals and communities worldwide, guided by values of integrity, quality, respect, and transparency.^[4]^[7] Under the leadership of current CEO Carl Cook, son of the founders, the company continues to uphold its family-controlled structure and commitment to sustainable expansion.^[9]

Financial and Operational Scale

Cook Group, a privately held family-owned enterprise, reported annual revenue of $2.4 billion as of 2024, underscoring its substantial economic footprint in the medical device sector.^[9] This figure reflects the company's diversified operations, with medical devices comprising the core of its income stream. Complementing this financial scale, Cook Group employs over 12,000 individuals worldwide, supporting its extensive global activities from research and manufacturing to distribution.^[4] The company's product portfolio encompasses more than 16,000 medical devices spanning 13 hospital service lines, including vascular intervention, urology, and endoscopy, which are distributed to healthcare providers in 135 countries.^[10] This broad reach enables Cook Group to address diverse clinical needs, from minimally invasive procedures to diagnostic tools, ensuring accessibility across international markets.^[4] Recognized for its enduring private status, Cook Group ranked #237 on Forbes' America's Largest Private Companies list in 2024, a position that highlights its sustained growth and stability among U.S.-based private firms since earlier rankings like #324 in 2008.^[9] Cook Group's manufacturing infrastructure features key facilities in the United States (such as Bloomington, Indiana, and Winston-Salem, North Carolina), Europe (including Bjaeverskov, Denmark, and Limerick, Ireland), and Asia-Pacific (with sites in Australia and distribution hubs in China). These operations demonstrate significant production scale; for instance, the combined facilities in Limerick and Denmark manufacture approximately 3 million medical devices annually, while the EMEA Delivery Centre in Ireland ships over 6 million products each year to more than 100 countries.^[11]^[12]^[13]

History

Founding and Early Development

Cook Group was founded in 1963 by William A. "Bill" Cook and his wife Gayle Cook in the spare bedroom of their apartment in Bloomington, Indiana. Bill Cook, who held a bachelor's degree in biology from Northwestern University and had served as a U.S. Army medic before teaching the physics of anesthesia, recognized the need for specialized tools in vascular procedures after observing physicians improvise with inadequate equipment like hypodermic needles and piano wire for the emerging Seldinger technique. With an initial investment of $1,500, the couple bootstrapped the operation as their only employees, with Gayle serving as the first quality control inspector, meticulously examining each device produced.^[14]^[15]^[16] The company's early focus centered on manufacturing three foundational medical devices: percutaneous needles, wire guides, and catheters designed for minimally invasive vascular access and procedures. These products addressed the limitations of the time, enabling safer and more precise percutaneous catheterization as popularized by the Seldinger method, which Bill Cook had encountered through collaboration with physician Dr. Melvin Van Fucilla in 1960 and later Dr. Charles Dotter in 1963. Initial sales began modestly, targeting physicians and hospitals adopting these innovative techniques, with production occurring nightly in the apartment to meet growing demand from local medical communities.^[16]^[2]^[14] Facing resource constraints typical of a home-based startup, the Cooks navigated early challenges by relying on Bill's engineering ingenuity and Gayle's operational diligence, gradually scaling from handmade prototypes to a more structured enterprise. In July 1963, the venture was formally incorporated as Cook Incorporated, marking the transition from informal apartment operations to a dedicated medical device manufacturer. During the 1960s and 1970s, Bill Cook drove key innovations in minimally invasive devices, including advancements in wire guides and catheters that laid the groundwork for broader applications in endovascular therapies, while the company expanded its product line to support pioneering procedures like angioplasty.^[16]^[14]^[2]

Expansion and Key Milestones

In the 1980s, Cook Group began its significant global expansion, establishing Cook Asia Limited in Hong Kong in 1988 to serve the Asian market and facilitate entry into China.^[11] This move marked the company's first dedicated operation in the region, building on earlier efforts like the 1986 opening of Cook Southeast Asia in Singapore.^[11] Concurrently, European operations strengthened with the expansion of Cook Denmark, originally established in 1969 but growing substantially in the mid-to-late 1980s through new sales offices in countries including Luxembourg, Switzerland, Belgium, and the Netherlands.^[11] These initiatives positioned Cook Group as a truly international entity, diversifying beyond its U.S. roots. During the 1990s and 2000s, Cook Group pursued diversification within its medical portfolio, formalizing Cook Medical as its core division focused on minimally invasive devices, which evolved from the original Cook Incorporated founded in 1963.^[17] A key example was the development of its urological subsidiary; in 1977, Vance Products Incorporated was launched as Cook's dedicated urology arm in Spencer, Indiana, later rebranded as Cook Urological and expanding to produce innovative devices like stone retrieval baskets.^[18] This period saw the company broaden into life sciences and related fields, including the 2004 establishment of Cook Pharmica for biologics manufacturing, reflecting a strategic shift toward comprehensive healthcare solutions.^[19] Major transactions in the 2010s highlighted Cook Group's portfolio optimization, including the 2017 divestiture of Cook Pharmica to Catalent for $950 million, which allowed refocus on core medical devices while providing capital for further growth.^[20] In parallel, the company expanded into properties with the 2005 acquisition of the historic French Lick Springs Resort in Indiana, investing over $500 million in renovations to revive it as a premier destination.^[21] This led to the development of CFC Properties, a Cook Group subsidiary dedicated to real estate management and restoration, which has since renovated over 55 architecturally significant properties, emphasizing sustainable and community-focused projects.^[22] A pivotal recent milestone occurred in 2024 when RTI Surgical announced and completed the acquisition of Cook Biotech, Cook Group's biomaterials division in West Lafayette, Indiana, enhancing RTI's regenerative medicine capabilities with Cook's porcine small intestinal submucosa technology.^[23] Earlier, in 2022, Cook Medical announced the sale of its Reproductive Health business to The Cooper Companies for $875 million, though the full deal was terminated in 2023 amid regulatory scrutiny, resulting in a partial asset transfer valued at $300 million focused on obstetrics and gynecology products.^[24] These events underscore Cook Group's ongoing strategy of strategic divestitures to streamline operations and fuel innovation in its primary sectors.

Business Operations

Medical Devices and Life Sciences

Cook Medical serves as the flagship division of Cook Group, specializing in the development and manufacturing of minimally invasive medical devices designed to improve patient outcomes across various clinical specialties.^[25] The division collaborates closely with physicians to create tools that reduce procedural invasiveness, covering areas such as interventional radiology, cardiology, urology, oncology, and general surgery.^[10] These devices enable precise interventions, including image-guided procedures for drainage, biopsy, and embolization in radiology and oncology, as well as endovascular solutions for aortic and peripheral vascular diseases in cardiology.^[10] Key subsidiaries within the medical devices segment include Cook Incorporated, which handles core manufacturing of foundational products like needles, wire guides, catheters, stents, and biopsy tools, forming the basis of over 16,000 distinct items in the portfolio.^[3] Cook Urological focuses on specialized devices for urological applications, such as stone management tools and pelvic health solutions, supporting minimally invasive treatments for urinary and reproductive conditions.^[10] Innovation at Cook Medical emphasizes research and development (R&D) aimed at enhancing procedural efficiency and patient recovery, with ongoing efforts to refine device materials and designs for better compatibility and reduced complications.^[25] In July 2025, Cook Medical launched a new interventional MRI (iMRI) division to develop devices for MRI-guided procedures, aiming to enable earlier cancer diagnosis and treatment.^[26] In the life sciences domain, Cook Group's efforts have evolved following significant transactions. Cook Biotech, acquired by RTI Surgical in early 2024, previously specialized in regenerative tissue matrices derived from animal sources to promote natural healing in applications like soft tissue repair and wound management.^[27] The 2017 sale of Cook Pharmica to Catalent shifted the group's biologics and drug delivery capabilities, which had included contract manufacturing for injectable and inhaled therapies, leading to a refocus on cellular technologies.^[28] Currently, Cook MyoSite represents the primary life sciences arm, advancing muscle-derived cell therapies for conditions such as stress urinary incontinence and fecal incontinence through investigational platforms like iltamiocel, which utilize autologous cells to restore muscle function.^[29] In April 2025, iltamiocel received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA for stress urinary incontinence, and a Phase III trial (DigniFI Study) is ongoing as of September 2025 to evaluate its efficacy.^[30]^[31] Manufacturing processes across these operations adhere to stringent sterile production standards, including ISO certifications and compliance with global regulatory requirements like FDA guidelines, to ensure device safety and efficacy.^[25] Cook Group's supply chain supports worldwide distribution, with facilities optimized for high-volume production of single-use devices, enabling rapid delivery to healthcare providers in over 135 countries while maintaining quality control through in-house tubing fabrication via subsidiaries like K-Tube.^[3]

Services, Properties, and Other Ventures

Cook Services encompasses a range of support functions designed to facilitate the operational needs of Cook Group's core businesses, including aviation, travel, and logistics. Cook Aviation, established as a fixed-base operator (FBO) at Monroe County Airport in Bloomington, Indiana, provides professional line services such as aircraft refueling, hangar facilities, and quick turnaround support for business travel, serving as a key transportation hub for the company's global activities.^[32] Similarly, Cook Travel manages travel arrangements for employees and healthcare professionals, ensuring compliant and efficient bookings as outlined in the company's global code of conduct.^[33] These services, including internal logistics coordination, primarily support the distribution and mobility requirements of Cook Group's medical and manufacturing operations, enhancing overall efficiency without directly engaging in core product development.^[3] Cook Properties, operating as CFC Properties since its founding in 1973, focuses on the management and development of commercial real estate, with an emphasis on historic preservation and community revitalization in Bloomington, Indiana. The portfolio includes notable properties such as Fountain Square Mall, a historic shopping and entertainment complex restored in 1988 to breathe new life into the downtown area, and the Grant Street Inn, a boutique hotel comprising five restored historic buildings offering 40 unique rooms.^[34]^[35] These assets are managed to promote economic vitality, with CFC Properties leading restoration projects that integrate modern amenities while honoring architectural heritage.^[36] In July 2025, CFC Properties sold a former GE manufacturing facility on Curry Pike to Simtra BioPharma Solutions to support expansion in injectable medicines production.^[37] Among other ventures, Cook Group has expanded into resort ownership and allied manufacturing to diversify beyond its primary sectors. In the post-2000s era, the company invested significantly in restoring historic resorts as a form of community investment, notably acquiring and revitalizing the French Lick Springs Resort and West Baden Springs Hotel in southern Indiana through a partnership with Indiana Landmarks starting in 1996, culminating in a $500 million-plus project completed by 2009 that transformed the sites into luxury destinations with casinos, spas, and golf courses.^[3]^[38] In manufacturing, Cook Polymer Technology specializes in plastic components for medical and industrial applications, while K-Tube Corporation produces precision stainless steel tubing used both internally by Cook Medical and externally in aerospace and other sectors, providing specialized materials that support broader supply chain needs.^[3]^[39] These non-medical divisions play a strategic role in Cook Group's diversification strategy, fostering internal synergies such as leveraging real estate revenues to fund research and development in core areas, while the resorts and services contribute to community enhancement and operational stability.^[3] For instance, property developments in Bloomington have historically supported employee housing and local economic growth, indirectly bolstering the company's talent retention and innovation ecosystem.^[34] This approach, evident in post-2000 expansions like the resort restorations, underscores a commitment to long-term regional impact alongside business resilience.^[40]

Leadership and Philanthropy

Executive Leadership

Cook Group, a privately held, family-owned corporation, has maintained leadership continuity through generational succession since its founding. William "Bill" Cook served as the company's CEO from its inception in 1963 until his death on April 15, 2011.^[14] His wife and co-founder, Gayle Cook, who joined as the first quality control specialist, provided ongoing advisory guidance to the family business until her passing on August 17, 2025.^[15] Upon Bill Cook's death, their son Carl Cook assumed the role of CEO in 2011, ensuring seamless family stewardship of the enterprise.^[41] As CEO, Carl Cook has emphasized strategic innovation in medical device manufacturing while upholding the company's private ownership structure to foster long-term stability and independence from public market pressures.^[41] Under his leadership, Cook Group has prioritized research-driven advancements and global expansion, reflecting a commitment to the founders' vision of minimally invasive medical solutions. The executive team supports this family-centric governance model. Pete Yonkman has served as President of Cook Medical, the company's core medical device division, since 2013, overseeing operational execution of innovation initiatives.^[42] The board of directors, led by Chairman Stephen L. Ferguson, comprises family members and trusted executives, reinforcing the private, family-led composition that prioritizes sustained growth over short-term gains.^[43] Cook Group's leadership exemplifies an innovation-driven approach, with Carl Cook earning recognition for his contributions, including induction into the Indiana Academy on October 15, 2024, for his lifetime of achievement.^[44]^[45] Succession planning remains focused on perpetuating this model, with the Cook family retaining full ownership to guide the company's future direction.^[41]

Philanthropic Contributions

The philanthropic legacy of Cook Group's founders, Bill and Gayle Cook, is marked by substantial contributions to Indiana University, totaling more than $45 million over the years, which supported endowments for the IU School of Medicine, Jacobs School of Music, and School of Education, among others.^[46]^[47] These gifts enhanced medical research, musical education, and teacher training programs, reflecting the couple's commitment to advancing healthcare and cultural institutions in their home state. Gayle Cook, an IU alumna, also served on the Indiana University Foundation board, further amplifying their impact on higher education.^[48] Key initiatives spearheaded by the Cooks included historic preservation efforts, notably the restoration of the West Baden Springs Hotel and French Lick Springs Resort, which involved investments exceeding $500 million to revive these early 20th-century landmarks and boost local tourism and community heritage in southern Indiana.^[49] Their support extended to education and healthcare in Bloomington through targeted IU donations, such as a $15 million gift in 2010 for athletic facilities including Cook Hall, benefiting student-athletes and campus infrastructure.^[50] Additionally, in 2020, Gayle Cook donated funds to restore Maxwell Hall, transforming it into the Cook Center for Public Arts and Humanities to foster interdisciplinary cultural programs.^[48] The Cook family continues this tradition through foundations and direct involvement, with grants from entities like the Gayle and Bill Cook Foundation supporting cultural, environmental, and medical research causes across Indiana.^[51] Recent efforts include a 2025 five-year Master Collaboration Agreement between Cook Medical and Indiana University, coordinated via the IU Launch Accelerator for Biosciences (IU LAB), aimed at advancing biosciences innovation, workforce development, and research translation at IU's nine campuses.^[52] Community outreach is facilitated through the preserved resorts, which host educational and charitable events. Impact is evident in fundraising campaigns led by Carl Cook, such as his pivotal role in Rose-Hulman's successful $250 million comprehensive drive in 2021, which expanded scholarships and facilities for STEM education.^[44]

Global Presence and Sustainability

International Operations

Cook Group's international operations span over 135 countries, supported by a network of subsidiaries, manufacturing facilities, and distributors that enable global distribution of its medical devices and related products. The company's expansion began in 1969 with the establishment of its first non-U.S. site in Copenhagen, Denmark, marking the start of a deliberate strategy to localize production and sales to meet regional needs and regulatory requirements. Today, Cook Group employs over 12,000 people worldwide, with a significant portion based outside the United States, including key hubs in Europe and Asia.^[11]^[13] In Europe, Cook Group maintains major facilities that drive research, development, and manufacturing. The Bjaeverskov site in Denmark, operational since 1969, employs more than 800 people and handles manufacturing, quality assurance, regulatory affairs, and R&D activities. Complementing this, the Limerick facility in Ireland, opened in 1996, serves as the European headquarters and produces approximately 10% of the company's global output, with European facilities (including Limerick and Denmark) manufacturing over 3 million devices annually while employing over 950 staff from 28 countries. These sites ensure compliance with stringent regulations such as the EU Medical Device Regulation (MDR) and ISO 13485 standards, facilitating efficient supply to the EMEA region through subsidiaries in countries like Spain, the UK, Germany, and France. Localized manufacturing at these locations helps mitigate logistical costs and enhances responsiveness to European market demands.^[12]^[13]^[11] In Asia-Pacific, Cook Group's footprint emphasizes supply chain integration and growth in high-potential markets. Operations began in 1979 with the acquisition of a distributor in Australia, followed by the 1988 founding of Cook Asia Limited in Hong Kong and the 1996 opening of a Beijing office. The Shanghai headquarters, established in 2008, coordinates regional activities with over 1,000 employees (as of 2025) and includes a dedicated distribution center relocated to Pudong in 2019 for improved efficiency. China represents the company's second-largest market, with additional presence in Singapore, India, Japan, Korea, and Thailand. These facilities support localized production and distribution, adhering to international standards like ISO 13485, to streamline supply chains and reduce dependency on global shipping.^[53]^[11]^[54] Cook Group's international strategies have proven resilient amid global disruptions, particularly post-COVID-19, where efforts like on-site worker accommodations at the Shanghai facility during 2022 lockdowns ensured uninterrupted product delivery to patients. The company continues to prioritize Asia-Pacific expansion, investing in infrastructure such as the 300,000-square-foot APAC headquarters in Shanghai to bolster supply chain stability and support long-term growth in the region. This approach, combined with regulatory compliance across sites, positions Cook Group to navigate international challenges while maintaining operational efficiency.^[55]^[56]^[57] Cook Group, through its primary operating company Cook Medical, has integrated environmental, social, and governance (ESG) principles into its core operations to address global challenges in healthcare delivery and resource management. The company's initiatives emphasize reducing environmental footprints, fostering ethical supply chains, and promoting inclusive workplaces, aligning with broader sustainable development objectives. These efforts are detailed in Cook Medical's annual Social Impact & Sustainability Reports, which track progress across global facilities.^[58] In its 2024 Social Impact & Sustainability Report, Cook Medical outlined ambitious goals for carbon reduction, including a finalized 10-year Decarbonization Strategy with specific targets for Scope 1 and 2 emissions to be established in 2025. The report highlights achievements such as 755,644 kWh in electricity savings (equivalent to 223 metric tons of CO2e avoided) and 1,022,449 kWh in natural gas savings (209 metric tons CO2e avoided) at its Ireland facility, alongside on-site renewable energy production of 884.039 MWh at headquarters, preventing 625.8 metric tons of CO2e emissions. Ethical sourcing commitments include third-party supplier audits to ensure compliance with human rights standards and the elimination of modern slavery and conflict minerals, supported by ESG surveys conducted via Assent for Scope 3 emissions, which totaled 327,229 metric tons CO2e in 2024, with 24% attributed to purchased goods.^[59] Key programs underscore these commitments, such as the Supply Chain Fellowship launched in 2025, which places recent MBA graduates in roles to enhance resilient sourcing partnerships between Cook Medical and providers, fostering innovation in supply chain sustainability. Additionally, the interventional MRI (iMRI) division was launched in July 2025 to develop minimally invasive devices compatible with MRI systems, enabling radiation-free procedures that reduce environmental impact through safer, more precise imaging technologies.^[60]^[61] On the social front, Cook Medical supports community health programs in host countries, including the Campus2Career initiative in Ireland, which provides educational and career development opportunities for local youth in healthcare fields. Through Cook Japan, the company has registered as a cooperating partner in the Nakano SDGs Partner System, actively promoting local activities aligned with the United Nations Sustainable Development Goals, such as those related to health, education, and community well-being.^[59] Environmental efforts focus on waste reduction and resource efficiency in manufacturing, with 116,264 kg of waste recycled in Ireland and 5,000 pounds of personal protective equipment (PPE) waste diverted in 2024. The expansion of ISO 14001 environmental management certification to 16 European countries further supports renewable energy adoption and pollution prevention across facilities. Progress in diversity, equity, and inclusion (DEI) includes a 29% growth in Business Resource Group (BRG) membership, with 76% of employees reporting high engagement and 83% expressing intent to stay long-term, reflecting strengthened inclusive practices. Supplier audits have advanced ethical standards, ensuring accountability in global operations.^[59]

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In 1963, Bill Cook and his wife, Gayle, started a business selling needles, wire guides, and catheters, making some of the products in a spare bedroom.
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Our company was founded in 1963 by Bill and Gayle Cook in their apartment, and focused on just three products: needles, wire guides and catheters.
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Cook Group is a global, family-owned group of businesses spanning medical devices, life sciences, services, property management, and resorts.
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Email Address: What can we help you with: Please leave this field empty. * Required Fields. Cook Group. PO Box 489. 750 Daniels Way Bloomington, Indiana 47402 ...
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Cook Group manufactures and distributes minimally invasive medical products and devices for radiology, cardiology, oncology, neurology, general surgery.
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[54]
Social Impact & Sustainability | Cook Medical
Cover of 2024 Social Impact & Sustainability Report with field of flowers and images of employees ... Report, please email our SI&S team. © Cook 2025.
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[PDF] Social Impact & Sustainability Report 2024 - Cook Medical
We continued to donate Cook Medical devices to hospitals, maintaining contact with many doctors and providing products whenever possible. ... Jan 2023. 290.
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Cook Medical's Unique Supply Chain Fellowship Program | Newsroom
Aug 15, 2025 · This Cook-funded Fellowship provides a recent MBA graduate with the opportunity to work as a dedicated Fellow, between Cook and the provider ...
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Cook Medical launches new iMRI division | Newsroom
Jul 28, 2025 · Cook Medical's iMRI division develops minimally invasive devices for MRI, aiming to enable safer, more innovative procedures and real-time ...Missing: core | Show results with:core