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Miles
Km80.5

   

Omron Healthcare, Inc. Acquires M&M Medi-Medics, S.A. De C.V.


2/6/2009 8:16:57 AM

Mexico City-based distributor of Omron products becomes a wholly-owned subsidiary of Omron Healthcare, Inc.

BANNOCKBURN, Ill., Feb. 5 /PRNewswire/ -- Omron Healthcare, Inc. (OHI), a leading marketer of blood pressure monitors in North America, today announced it has completed the acquisition of M&M Medi-Medics, S.A. De C.V., a privately-held healthcare diagnostics distributor, based in Mexico City, Mexico.

"Omron Healthcare is excited about this acquisition and we're looking forward to achieving our accelerated and aggressive growth goals for the region," said Bob Kondraske, Chief Operating Officer of Omron Healthcare.

This strategic acquisition enables Omron to further strengthen the Omron brand and build direct relationships in this marketplace.

M&M Medi-Medics has been a distributor of Omron healthcare diagnostics products in Mexico for nearly five years. Products distributed include blood pressure monitors, nebulizers, pedometers, body fat analyzers, heart rate monitors and thermometers.

"Medi-Medics has represented us well in the marketplace and we look forward to working closely together in the future," added Kondraske. The day-to-day operations of Medi-Medics will remain consistent with Javier Molina Baesa continuing in his role as General Director.

About Omron Healthcare

Omron Healthcare, Inc., located in Bannockburn, IL, is the North and South American sales and marketing office of Omron Healthcare Group, a leading manufacturer and distributor of blood pressure monitors for home use. With more than 70 million monitors sold worldwide to date, Omron Healthcare Group was the first to introduce manual and digital blood pressure monitors into the home healthcare market. Omron Healthcare offers innovative products and medical devices for use in sites ranging from hospitals to the home in the blood pressure monitoring, fitness diagnostics, thermometry, and respiratory categories. Omron Healthcare markets clinically proven products that provide accurate health information to consumers and physicians and support positive lifestyle changes and health improvement. For more information: www.omronhealthcare.com.

CONTACT: Johnna Purcell of Omron Healthcare, +1-847-247-5637,
Johnna.purcell@omron.com



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