Mergers & Acquisitions ·
Utah Medical Products, Inc. announced that its wholly-owned subsidiary, Femcare Ltd, has acquired all common shares of…
UTMDUtah Medical Products Inc
Utah Medical Products, Inc. announced that its wholly-owned subsidiary, Femcare Ltd, has acquired all common shares of Orion Medical Supplies Ltd, a UK-based assembler and distributor of harm reduction medical devices. The transaction was funded with £3.6 million from cash reserves. The acquisition is expected to add approximately $6 million in annual consolidated sales and reduce overhead expenses as a percentage of UK sales by leveraging existing Femcare infrastructure. Utah Medical Products, Inc. manufactures and distributes medical devices for women's health and surgical applications.