SOURCE: Medline Industries, Inc.

Medline Industries, Inc.

September 04, 2009 10:13 ET

Medline Acquires Healthcare Distributor SunChoice Europe, Ltd.

Acquisition Expands Medline's European Product Distribution Infrastructure

MUNDELEIN, IL--(Marketwire - September 4, 2009) - Medline Industries, Inc., the largest privately held manufacturer and distributor of medical supplies in the United States, announced today that it has signed a definitive agreement to acquire the business and assets of healthcare distributor SunChoice Europe Limited from the Southern Cross Healthcare Group.

SunChoice, located in Warrington, England, supplies incontinence, cleaning, janitorial, laundry, infection control, medical consumables, uniforms and patient handling equipment to over 900 nursing homes in England, Wales, Scotland and Northern Ireland. Under the terms of the agreement, approximately 46 employees will be joining Medline and the SunChoice name will be retired. Financial terms of the deal were not disclosed.

"This acquisition is an excellent strategic fit for Medline and will substantially increase our base of service internationally," said David Greenberg, Medline's executive vice president of strategy. "We are committed to a seamless transition and will be working closely with the SunChoice leadership team to ensure that we continue to deliver quality service to our customers."

Medline manufactures and distributes more than 100,000 products, such as advanced wound care products, hospital furnishings, exam equipment, surgical gloves and textiles, to hospitals, extended care facilities, surgery centers, home care dealers and agencies and other markets. The firm manufactures and distributes their own line of healthcare products, as well as distributing those of other manufacturers. Medline currently conducts business in more than 40 countries and has 40 distribution centers worldwide.

About Medline Industries, Inc.

Headquartered in Mundelein, IL, Medline has more than 800 dedicated sales representatives nationwide to support its broad product line and cost management services. Over the past five years, Medline has been the fastest growing distributor of medical and surgical supplies in the U.S., serving as the primary distributor to over 250 major hospitals and health care systems. As a leading distributor, Medline offers a comprehensive array of consulting and management services encompassing the supply chain and logistics, utilization and standardization, business tools and enhanced reporting capabilities, and on-staff clinicians.

Medline has an expanding, dedicated transportation fleet with over 160 vehicles in a variety of sizes to fit customers' specific delivery needs. The fleet is equipped with the latest navigation devices for enhanced order tracking and communication.

Contact Information

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