Medline Industries Said to Hire Goldman Sachs to Explore Sale

Medline Industries Inc., a family-owned medical supply company, has hired Goldman Sachs Group Inc. to explore a sale, according to a person familiar with the matter.

A potential transaction could value the company at about $30 billion, and could attract private-equity bidders, said the person, who asked not to be named because the information isn’t yet public. The process is still at an early stage.

A Goldman representative declined to comment while an official at Medline didn’t immediately respond to a voice mail after office hours.

Dow Jones reported the company’s plans earlier, pointing to an initial public offering ...