A 300-year old family-run healthcare firm in Birmingham has expanded its dispensing operation with the acquisition of an Oxfordshire company.
Salts Healthcare, a 380-strong Aston-based business run by three tenth-generation brothers, has bought UCI Healthcare for an undisclosed sum in a deal advised by Grant Thornton.
UCI Healthcare is a dispensing appliance contractor which has three customer care centres with dispensing licences in Charlbury in Oxfordshire, Chesterfield and Newcastle upon Tyne.
Salts Medilink has 12 centres and the addition of these three licences makes the company a nationwide operation with more customer care centres than any other provider.
David White, partner at Grant Thornton in Birmingham, said: “Salts Healthcare has been innovating from its Birmingham base for the past three centuries.
“In addition to designing and producing ground-breaking products, it operates Salts Medilink, one of the largest medical appliance home delivery services in the UK.
“UCI Healthcare is also a leading supplier in the field and this acquisition will enable Salts to grow its market share whilst maintaining the highest levels of service for its patients.”
Salts were also advised on the deal by Katie Silvester, corporate partner from the Birmingham office of law firm HBJ Gateley Wareing.
Salts Medilink combines the expertise of specialist nurses with a rapid, reliable and discreet prescription delivery service of ostomy and incontinence products.
Peter Salt, managing director of Salts Healthcare, said: “We are very proud of Salts Medilink.
“It provides a vital service to ostomy and continence patients throughout the UK and we pride ourselves on going that extra mile.
“We don’t simply mail products, but have a UK network of centres managed by full-trained staff to ensure patient advice is discreet, professional and local. In addition we can provide stoma care nurse advice across most areas of the UK.”
Business is strong at the moment for Salts Healthcare with many recent new product launches in the UK, across Europe and in Australia and North America and more to be launched in 2010.