Kreisers, Inc., headquartered in Sioux Falls, South Dakota; MMS – A Medical Supply Company, headquartered in Earth City, Missouri and Seneca Medical, headquartered in Tiffin, Ohio jointly announced they have entered into a definitive merger agreement to form Concordance Healthcare Solutions, LLC. The transaction is subject to approval by the companies’ shareholders and is expected to close in the first quarter of 2016.
The combination will bring together three strong, growing and respected regional medical supply distributors. Concordance will have approximately 1,000 employees, 19 distribution centers and $1.1 billion in annual sales.
About Kreisers, Inc. In 1905, Frederick Kreiser opened a pharmacy in Sioux Falls, South Dakota. Since that time, Kreisers has focused on medical/surgical equipment and supplies. Today, Kreisers is a major regional distributor across the upper Midwest offering a complete line of medical equipment and supplies to hospitals, physicians, nursing homes, laboratory and home health providers. Kreisers has six distribution centers strategically located throughout the upper midwest to provide timely, efficient service.
About MMS MMS – A Medical Supply Company, founded in 1970, is one of the largest, independent, regional healthcare distributors in the U.S. The company offers products, equipment and supply chain services to healthcare providers. MMS has divisions, and experienced professionals, dedicated to nursing homes, hospitals, physician practices, government facilities, specialty products, home care, hospice, EMS and pharmaceuticals as well as healthcare industrial and redistribution businesses. MMS’s broad base of business across all provider segments, has established MMS as a leader in the evolving healthcare industry. MMS is headquartered in St. Louis, with a regional corporate office in New Rochelle, NY. MMS is a Regional Distributor with a National Presence with distribution facilities in Phoenix, AZ; Tamuning, GU; West Chicago, IL; Wichita, KS; Baton Rouge, LA; Earth City, MO, Secaucus, NJ; and Spartanburg SC.
About Seneca Medical Founded in 1990, Seneca Medical is an independent, privately owned and operated medical surgical supply company with distribution locations in Indiana, Michigan, North Carolina, Ohio, Tennessee and West Virginia. Through a stock ownership plan launched in 1998, the company’s 550 current and past employees own 90% of Seneca Medical’s stock, contributing to the company’s culture of trust, integrity, commitment and service. Seneca serves acute care, physician and surgery centers, long term care centers and government agencies in 11 states.