Solaire Medical (Marne, Mich.) said today that it has acquired the InnerSpace medical storage product lines from Stanley Black & Decker.
Financial terms of the deal, effective Sept. 28, 2018, were not disclosed. The purchase has resulted in redesigned product lines branded as InnerSpace by Solaire Medical. It also triples Solaire Medical’s number of employees to 75.
The acquisition represents a homecoming: Solaire Medical’s owners Steve Zautke and Kip Barber played integral roles in the creation of InnerSpace before its sale to Stanley Black & Decker in 2008.
Solaire Medical officials boasted that their innovations in materials and manufacturing processes are enabling a high-quality, highly flexible medical storage product portfolio.
“The acquisition brings the expertise and resources of design, manufacturing, customer service and sales into one organization,” Solaire Medical President Ben Barber said in a news release. “Our customers will benefit from high-quality products, improved service, reduced lead times and the support of long-held knowledge from leaders in the medical storage business.
“We look forward to growing our business and our product offering,” Barber said.
InnerSpace product lines include Roam supply carts, Tempo procedure carts, Rover workstations, Evolve cabinets and casework, and accessories.