Orion Medical Supplies

Orion Medical Supplies, a niche distributor of harm-reduction medical devices, has been acquired by Femcare, a wholly-owned subsidiary of Nasdaq-listed Utah Medical Products Inc (UTMD), in a £3.6 million transaction advised by KBS Corporate.

Summary of transaction details:

• Value: £3.6 million
• Sector: Healthcare & Biotech
• Advisor: KBS Corporate
• Key Entities: Orion Medical Supplies (Target), Femcare / Utah Medical Products, Inc (Acquirer)
• Location: Bicester, UK (operations relocating to Romsey, Hampshire)

Note: The acquisition represents a strategic expansion for UTMD, leveraging compatible commercial and distribution channels between Orion's harm-reduction medical device distribution and Femcare's specialisation in gynaecology, general surgery and urology solutions.