Tag: Coloplast

MINNEAPOLIS - Coloplast has acquired IncoCare Gunhild Vieler GmbH, a direct-to-consumer provider of continence supplies, it announced today. The German company will strengthen Coloplast's presence in southeast Germany, according to a press release. “The acquisition of IncoCare is part of our strategy of pursuing inorganic opportunities to accelerate growth and to strengthen our service offering,” said Lars Rasmussen, Coloplast CEO. In December, Coloplast acquired SAS Lilial, a French...

MINNEAPOLIS - Coloplast, which has its U.S. headquarters here but is based in Denmark, announced this month that it has acquired SAS Lilial for a cash consideration of EUR 35.5m or DKK 264m.Lilial is a privately owned French company that distributes catheter and ostomy supplies nationally. It provides patients with products from several different manufacturers, including Coloplast.“The acquisition of SAS Lilial is part of our strategy of pursuing inorganic opportunities to accelerate...

MINNEAPOLIS - Coloplast, which has its U.S. headquarters here but is based in Denmark, announced this month that it has acquired SAS Lilial for a cash consideration of EUR 35.5m or DKK 264m.Lilial is a privately owned French company that distributes catheter and ostomy supplies nationally. It provides patients with products from several different manufacturers, including Coloplast.“The acquisition of SAS Lilial is part of our strategy of pursuing inorganic opportunities to accelerate growth...

MINNEAPOLIS - Coloplast says its integration of Comfort Medical continues to “progress to plan” and its U.S. chronic care business saw double-digit organic sales growth in the third quarter. The company, which has its U.S. headquarters here but is based in Denmark, announced last year that it was buying Coral Springs, Fla.-based Comfort Medical for $160 million in cash, combining a manufacturer of ostomy, urology, continence and wound care supplies with a provider of those supplies. Overall,...

Coram CVS Specialty Infusion Serviceshas made Functional Formularies feeding tube and oral meal replacement formulas available to its customer base. Liquid Hope and Nourish, adult and pediatric certified organic, whole foods formulas, will be available through Coram, making them even more accessible to thousands of individuals and families coping with a wide-range of challenging health conditions, from cancer to ALS, Parkinson's and MS. “Our new partnership with Coram shows the industry, which...

YARMOUTH, Maine - The pace of acquisitions slowed down a bit in 2016, but overall it was a decent year for buyers, say analysts.“The big deals have stalled out a bit, but you have a lot of people that are shopping and acquiring the small patient add-on deals,” said Brad Smith, managing partner at Vertess, a Tucson, Ariz.-based M&A advisory firm. “If you have $10 million to spend, you could get one really nice company or you could buy a whole ton of patient lists, which have more...

MINNEAPOLIS - Coloplast's willingness to pay an eye-popping $160 million for Comfort Medical points to the attractiveness of the disposable medical supplies market, say analysts.“Urologicals and catheters, in particular, check so many lists,” said Brad Smith, managing partner at Vertess, a Tucson, Ariz.-based M&A advisory firm. “It's disposable, it's ordered monthly, it has good reimbursement, and you can drop ship what you need so there's little infrastructure or overhead needed.”Coloplast,...

MINNEAPOLIS - Coloplast, which has its U.S. headquarters here but is based in Denmark, has entered into a definitive agreement to acquire Coral Springs, Fla.-based Comfort Medical for $160 million in cash, the company announced Nov. 30.The deal, if completed and approved by authorities, combines a manufacturer of ostomy, urology, continence and wound care supplies with a provider of those supplies.“The acquisition of Comfort Medical fits very well into our overall consumer ambition for Coloplast...

MINNEAPOLIS - Coloplast, which has its U.S. headquarters here but is based in Denmark, has entered into a definitive agreement to acquire Coral Springs, Fla.-based Comfort Medical for $160 million in cash, the company announced Nov. 30.The deal, if completed and approved by authorities, combines a manufacturer of ostomy, urology, continence and wound care supplies with a provider of those supplies.“The acquisition of Comfort Medical fits very well into our overall consumer ambition for Coloplast...

STUART, Fla. - Liberator Medical Holdings has entered a definitive agreement to settle all allegations related to a complaint that it had violated the False Claims Act, it announced Dec. 22.Liberator previously announced it had reached an agreement in principle to settle the allegations in a civil qui tam complaint. The mail order provider will pay $500,000, along with its share of the plaintiffs' legal expenses, according to a press release.Liberator was accused of engaging in illegal kickback arrangements...