A&D Medical Acquires ManthaMed
Acquisition enlarges company footprint in Canada
SAN JOSE, Calif. – September 17, 2017 – A&D Company today announced it has acquired Ontario-based ManthaMed, a distributor of diagnostic and monitoring solutions.With the acquisition, ManthaMed will operate as a division of A&D Canada, Inc., a subsidiary of A&D Company.
“ManthaMed is established as one of the premier distributors of state-of-the-art technology and point-of-care management tools in Canada,” said Terry Duesterhoeft, President and CEO of A&D Company in the Americas. “This acquisition allows A&D to expand its product range and application experience across Canada by leveraging the successful business ManthaMed has built in our core business as well as market segments new to A&D.”
Under the direction of its current owner, Peter Mantha, ManthaMed has developed an extensive customer network in its more than 15 years, and distributes medical equipment throughout Canada. Its line of diagnostic equipment and supplies allows for one-stop shopping for customers across Canada though online and direct sales.
Following the acquisition, ManthaMed’s current executive team,as well as its sales team and support staff,will continue to manage the company as part of A&D Canada, to build on its forward momentum.
“We look forward to working with the network of business channel partners established by ManthaMed in its two decades of work in the Canadian market,” said Duesterhoeft. “At A&D, we share a common vision with ManthaMed: to significantly improve the lives of individuals with chronic illness while lowering the overall cost of health-care. Together we can deliver even greater value to the Canadian marketplace.”
The acquisition transaction officially closed on September 17.
About A&D Medical
Since 1977, A&D Medical has manufactured and distributed a full line of advanced biometric monitoring solutions including blood pressure monitors, weight scales, activity monitors, and other health monitoring devices for consumer and professional use. A&D Medical is the worldwide leader in connected health and biometric measurement devices and services for consumer wellness and chronic condition management, marketing under the A&D brand globally and also the LifeSource brand in North America. A&D Medical is a division of A&D Company, a global manufacturer of measurement equipment, with operations in around the globe.For more information about A&D Medical, please visit www.andmedical.com.
ManthaMed is now a division of A&D Canada, Inc., with offices in Mississauga, Ontario. ManthaMed distributes diagnostic and monitoring solutions throughout Canada providing state-of-the-art technology and point-of-care management tools designed to evaluate the risk factors of cardiovascular and respiratory disease. ManthaMed's current products include: clinical blood pressure monitors, lipid and glucose management systems, ultrasound dopplers and spirometers. For more information, please visit www.manthamed.com.
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