UK
MIP, the global supplier of reusable healthcare products, has announced that its British subsidiary, MIP UK has acquired Cromptons Healthcare.
Cromptons is a leading supplier of reusable and single use healthcare products to healthcare facilities and outsourced laundry service providers throughout England, Scotland, Wales and Northern Ireland.
“This is an exciting time for our employees, customers and other stakeholders,” said Tor Lund, president and CEO of MIP. “Over the past several years, our UK business has experienced strong growth in revenue and market share and our acquisition of Crompton’s accelerates the execution of our long-term strategy in the UK.”
MIP UK’s managing director, Paul Crabtree said: “I’m incredibly proud of MIP’s achievements in the UK healthcare textile market. We are thrilled about the unique opportunities our merger with Cromptons will create for our customers, employees and business partners. Both companies share strong core values, with our customer being the central focus, plus a determined vision to provide service to the highest possible standard.”
Martin Calhoun, managing director of Cromptons said: “I’m very pleased to see the business that my team and I have developed over the last 25 years now being acquired by MIP, a global leader in our industry. Cromptons’ loyal employees and stakeholders will be well served by MIP and I’m confident that this combination will fortify our leading market position in the UK and create exciting growth opportunities.”
