Arcadia expands in North Carolina
By HME News Staff
Updated Sun September 10, 2006
SOUTHFIELD, Mich. - Arcadia Resources acquired Lovell Medical Supply for an undisclosed sum, the company announced Sept. 5. Lovell is a respiratory and DME provider with locations in Mount Airy, Elkin, North Wilkesboro and Statesville, N.C.
Lovell has approximately $3 million in annual sales.
"Lovell is another step to help us capitalize on the $5 billion home respiratory equipment market in the United States," Arcadia Chairman and Chief Executive John E. Elliott II said in a statement.
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