AMD Medicom Acquires the business of Ocean Pacific Med Tec Ltd.

Acquisition is the latest in a series of aggressive expansion moves
by global leader in protection solutions

MONTREAL, Sept. 19, 2016 /CNW Telbec/ - AMD Medicom Inc. (Medicom), a leading manufacturer of protection solutions for the Health Care industry, today announces it has acquired Ocean Pacific Med Tec business, a leading Canadian provider of high quality single-use gloves.

"This transaction helps Medicom further expand our position in the hand protection market in North America, Europe and Asia and will allow us to accelerate our strategy to create value through both organic and acquisition driven growth", says Ronald Reuben, CEO of Medicom. "In this time of industry consolidation, we are constantly assessing key opportunities for growth."

Founded in 1987, Ocean Pacific has successfully sold gloves in multiple markets and segments and will further strengthen the Medicom glove portfolio globally. "The acquisition of Ocean Pacific is a good opportunity to strengthen the Medicom position in the core North American single-use glove market and will further enhance our position as a global leader in hand protection solutions," adds Ian Levine, President at AMD Medicom Inc.

Current Ocean Pacific CEO Suzanne Humphreys-Hogg will remain part of the Medicom team to assist and support with the transition. "I expect Suzanne to play an important role in the success of the combined business going forward," states Levine, "we are happy that Ocean Pacific customers will be given the opportunity to benefit from being a part of the Medicom network of broad protection solutions."

About AMD Medicom:
Founded in 1988, Medicom Group, www.medicom.ca  is a Global Health Care company headquartered in Montreal, Quebec with 7 fully controlled manufacturing facilities in North America, Europe and Asia.  Medicom is dedicated to the manufacture and distribution of infection control, single use, and preventive products for medical, dental, industrial, retail, veterinary and laboratory markets. The DNA of Medicom is built upon the values of the founder, Mr. Ronald Reuben which are based on persistence, honesty, trust and transparency.  

About Ocean Pacific Med Tec Limited:
Ocean Pacific, www.ocean-pacific.ca  is  ISO 13485: 2003 certified. Ocean Pacific is  a well recognized quality manufacturer of medical gloves destined for Canadian Health Care ,and Scientific professionals for over 25 years. The comprehensive product portfolio  includes  nitrile, latex and vinyl gloves designed to provide customers with a comfortable , and Biocompatible products for a  safe work environment. The Ocean Pacific brands are primarily targeted towards customers working in the fields of Dental, Laboratory, Medical, Industrial, Home Care and Health and Beauty.

 

SOURCE Medicom Inc.

For further information: Media Contact: Guillaume Laverdure, Chief Operating Officer, AMD Medicom Inc., 514-636-6262 Ext.2322

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www.medicom.ca

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