March 28, 2012: Synergy Health (LSE: SYR), a leading global provider of outsourced sterilization services to the medical device market and healthcare sector, announces the acquisition of MSI Surgical Solutions LLC ("MSI").
MSI operates a hospital sterilization facility in New York, and is the second largest provider of these outsourced services in the United States. The business primarily provides a sterile instrument rental service in the Tri-State area and has begun expanding its offerings as a complete outsourced service provider to the healthcare market.
The acquisition of MSI is an early step in the plan to develop a hospital outsourcing sterilization service within the United States. Synergy will now work with MSI's customer base to further its knowledge of the market with the expectation of starting to develop a network in 2013.
This entry into the U.S. hospital sterilization market follows the Company's first acquisition in the U.S. in April 2011, when Synergy acquired BeamOne LLC, the largest provider of outsourced, electron beam medical device sterilization services in the U.S.
According to Glenn Thibault, Chief Executive Officer of Synergy Health Americas, “Theacquisition of MSI provides us with a good foothold into the U.S. hospital sterilization market. It fits well with our business model of providing disposable medical device sterilization services, and allows us an additional method of enhancing healthcare-related products to assist with positive medical results.”
About Synergy Health
Synergy Health plc (LSE: SYR), is a leading global provider of specialized outsourced support services to healthcare related markets. Synergy Health acquired BeamOne in April, 2011, and currently operates five electron beam service centers and one EO service center in the U.S. and Costa Rica. The company has a network of over 4,000 employees and 30 sterilization service centers worldwide, with expertise in EO, gamma, electron beam, X-ray, and ion beam technologies. It also operates several microbiological testing labs and over 20 hospital reusable product sterilization services in Europe and Asia.
For additional information please contact:
Synergy Health AST, LLC
Director, Customer Relations/Marketing