The acquisition extends the Northfield, Ill.-based company’s Canadian presence into Quebec. Medline completed the share purchase agreement June 11.
“Dufort et Lavigne lets us expand in Quebec with a local company that shares a similar history as a privately-held business that values integrity and flexibility for the customer,” said Ernie Philip, president of Medline Canada. “It’s a strategic fit with our plans to service more of the Canadian healthcare market, reaching more customers and offering more Medline products and solutions. We are pleased to move ahead with a company that can continue to be a part of the local community, and we anticipate many growth opportunities for the business and its employees.”
Medline boasts annual sales of more than $10 billion in the U.S. and employs more than 18,000 people across 90 countries. It is the largest family-owned medical supply company in the nation.
To learn more about the acquisition, click here.
More articles on supply chain:
A new medical device giant? Stryker makes takeover bid for Boston Scientific
Interactive Infographic: Why the OR Supply Chain is Ready for Change
Red Cross launches ‘Missing Types’ campaign to curb blood donor shortages
