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ConvaTec Announces Acquisition of Boston Medical Device

September 1, 2011 By Bio-Medicine.Org

SKILLMAN, N.J., Sept. 1, 2011 /PRNewswire/ — ConvaTec Inc., a
world-leading developer and marketer of innovative medical
technologies for community and hospital care today announced that
the company has acquired Boston Medical Device, Inc. (BMD), a
distribution company that offers a platform of specialized medical
devices throughout Latin America.

More than 30 years of management experience building
relationships in key Latin American markets, coupled with strong
market share in both wound and ostomy care products, have enabled
BMD to maintain market leadership and positions the company well
for growth and expansion.  BMD is the current exclusive
distributor of ConvaTec products for Latin America, making it an
ideal complement to ConvaTec as the company continues to pursue
growth in emerging markets.

“Emerging markets, particularly Latin America, are an
increasingly important growth component for ConvaTec,” stated Nino
Pionati, President, ConvaTec Intercontinental. “Today’s
announcement is a reflection of that strategic priority as well as
recognition of the market leadership that BMD has achieved and
maintained in this region over the years.”

“BMD is excited to become part of the ConvaTec family and to be
able to work even more closely with ConvaTec to continually provide
the quality products and services our customers have come to
expect, and that the patients who use our products on a daily basis
deserve,” stated Erich Roht, President and CEO, BMD.

In keeping with our commitment to our customers, there will be
no impact on current orders and delivery schedules. Business will
continue as normal and both companies are committed to ensuring our
customers and their patients continue to receive the ConvaTec
products that they have come to know and trust.

About ConvaTec Inc.ConvaTec is a leading developer and
marketer of innovative medical technologies that have helped
improve the lives of millions of people worldwide. Wi

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SOURCE

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