The Directors of Paragon Care Limited (ASX: PGC) announced that the Company has reached agreement to acquire Surgical Specialties Group, a distributor of surgical medical devices to the Australian and New Zealand market headquartered in Sydney.
Commenting on the acquisition, Paragon’s Chief Executive Officer, Mr Andrew Just said: “The acquisition of Surgical Specialties is aligned with Paragon’s long-standing growth strategy to expand its medical device offering to its existing and new customer base, and to increase the Company’s geographic reach in Australia and New Zealand. Surgical Specialties has strong relationships with close to 20 recognised supplier brands. Paragon is excited about further increasing the scale, product offering and reach of its distribution platform via the acquisition of Surgical Specialties.”
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