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OWENS & MINOR WOULD EXPAND REACH TO ALL 50 STATES VIA STUART MEDICAL BUY

This article was originally published in The Gray Sheet

Executive Summary

OWENS & MINOR WOULD EXPAND REACH TO ALL 50 STATES VIA STUART MEDICAL BUY: the firms signed a definitive agreement Dec. 22 under which O&M would purchase Stuart for $295.2 mil. in cash, stock and debt assumption. O&M currently distributes medical and surgical supplies in 42 states from its 36 distribution centers. With the acquisition of Stuart, the firm would gain distribution capacity in the eight states, primarily in the Northeast and Midwest, that it currently does not serve.
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