CALEDONIA—Aspen Surgical Products Inc., the Caledonia-based provider of surgical disposable products, announced the acquisition of Arden, N.C.-based Precept Medical Products Inc.
Price and terms of the transaction were not immediately disclosed.
Precept designs, manufactures, and markets nonwoven, single-use disposable protective medical apparel, including surgical face masks, non-surgical isolation gowns, lab jackets, scrubs, coveralls, patient gowns, lab coats, and cold therapy packs.
The acquisition of Precept strengthens Aspen’s portfolio of medical disposables and patient and staff safety products sold into the acute care market. With Precept’s manufacturing facility in Agua Prieta, Mexico, and distribution warehouses in Douglas, Ariz., and Richmond, Va., Aspen gains approximately 200,000 square feet of manufacturing and distribution capacity.
“With common manufacturing, regulatory, sales, and distribution processes, we believe that bringing Aspen Surgical and Precept together will result in multiple opportunities to better serve our customers more efficiently and effectively,” said Greg Muller, Aspen CFO. “To that end, we are also immediately investing in new capital at the Precept facility, which will increase capacity of PPE that can be provided to our U.S. customers in the midst of COVID-19.”
Established in 1999, Aspen Surgical’s products include Bard-Parker blades and scalpels, operating room accessories, patient and staff safety products, basic wound care products, and instrument care products. More at www.aspensurgical.com.