RecoverCare, Sten-Barr join forces
PLYMOUTH MEETING, Pa. - Two regional distributors of support surfaces, specialty beds and bariatric products agreed to merge Dec. 26 to give themselves a national footprint.
Currently, the Plymouth Meeting, Pa.-based RecoverCare operates in the Northeast and Midwest, while the Tampa, Fla.-based Sten-Barr Medical serves the Southeast and Texas. After they merge, the companies will provide products and service to hospitals, nursing homes and homecare patients nationwide through Sten-Barr's dealer network.
The companies expect the deal to close Jan. 7. Together, they will employ about 400 workers.
"This is another bold step for us to achieve our aggressive growth initiatives," stated Jon Winer, CEO of RecoverCare in a release.
Added Michael Cole, Sten-Barr's president: "Their solid presence in the acute care and homecare market and their ownership of a bariatric manufacturer complements our own strengths in long-term care. We believe the combination will result in even better service to both companies' existing customers and prospects."
RecoverCare manufactures bariatric beds and equipment under its Camtec division.