SP Medical Acquisition

AG Industries, a leading manufacturer of medical devices, healthcare filters and related systems for the medical industry, announced the acquisition today of SP Medical, LLC, a Superior Products Company and manufacturer of home healthcare products.

March 11, 2011, St. Louis, Missouri - AG Industries, a leading manufacturer of medical devices, healthcare filters and related systems for the medical industry, announced the acquisition today of SP Medical, LLC, a Superior Products Company and manufacturer of home healthcare products. This acquisition will expand the product and capability portfolio of AG Industries, allowing customers to access an expanded range of products direct from the manufacturer.

"Our business model has always been to truly partner with our OEM and home healthcare products customers," says Michael Amann, Vice President and COO of AG Industries. "There is no middleman between us, giving our customers cost saving, quality enhancement and operational advantages. Offering access to an expanded line of products in these challenging times will help solidify our customer partnerships and offer new opportunities for all our businesses."

SP Medical will be relocating its manufacturing and sales offices to St. Louis. Tim Austin, formerly Managing Director of SP Medical will be joining AG Industries as VP of Sales and Business Development.

SP Medical also sells directly to its home healthcare customers. "Our model mirrors that of AG Industries," says Austin. "We see joining forces as an opportunity to give our customers direct access to more products, expanded  manufacturing capabilities, enhanced services and the benefits of consolidated purchasing. We also anticipate that AG Industries' central location will give us the ability to ship more products same day to customers, faster."

AG Industries is a vertically integrated manufacturer of quality filtration devices and their related systems. With over 25 years in business, the firm offers resources to master regulatory issues, implement cost efficient manufacturing and provide critical deliveries worldwide. AG Industries is ISO 9001 and ISO 13485 Certified and is an FDA Registered facility.

Superior Products Medical has been manufacturing compressed gas fittings and assemblies for over 50 years.