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
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
