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Oliver Medical purchased by private equity firm Mason Wells
Grand Rapids, Michigan, USA...Oliver Medical has been acquired by Mason Wells, a private equity company based in Milwaukee.
"Oliver Medical continues to grow and provide inventive products, superior adhesive, flexible service, and expert support to leading medical device manufacturers around the world," said Jeff Murak, director of marketing and sales. "Oliver shareholders made the strategic decision to sell the company in order to secure the investment necessary to continue the substantial growth the company has realized over the past few years.
"The ownership transition is expected to be seamless," said Murak. "As a private equity company, Mason Wells has an interest in helping Oliver Medical continue to grow."
Mason Wells typically invests in companies located in the Midwest; with strong market positions driven by proprietary processes, product design, and customer relationships; and in a few select industries, including specialty packaging.
"Oliver's commitment to its many customers will remain steadfast. The expert support, flexible service, and high standards of quality Oliver ensures will remain unchanged," said Murak.
The current management team in place at Oliver will remain intact.
Oliver Medical has been a leading supplier of inventive products—lids, roll stock, and pouches—and flexible customer service for the medical packaging industry since 1968.
For more information, contact:
Jeff Murak
director of marketing & sales
616.456.7711 x7476
jmurak@olivermedical.com
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