The private shareholders of ArcRoyal Ltd have sold the company to Owens & Minor, Inc. for an undisclosed consideration.
Founded in 1882 and headquartered in Richmond, Virgina, Owens & Minor is a healthcare logistics company that provides supply chain services for healthcare products. “The acquisition of ArcRoyal will greatly expand our ability to produce kits, packs and trays for the healthcare market, and will provide us with immediate reach into European markets,” said James L Bierman, President and Chief Executive of Owens & Minor.
Established in 1992, ArcRoyal is the leader in delivering excellence in custom solutions for a range of global healthcare companies, enabling them to respond to market needs and drive growth in their business. Formerly called DeRoyal and founded in 1992, the company and employs over 300 people and exports surgical procedure trays to hospitals in more than 30 countries.
Oaklins's team in Ireland advised the seller in this transaction.
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