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Sarnova Announces Acquisition to Expand Bound Tree Medical Business
Date:5/4/2009

Specialty Health Care Distributor Appoints Industry Leader to Board of Directors as it Focuses on Continued Growth

SYLMAR, Calif. and DUBLIN, Ohio, May 4 /PRNewswire/ -- Sarnova, the nation's leading specialty distributor of health care products in the emergency medical services (EMS) and respiratory markets, announced today that it has acquired Blue Ridge Medical, Inc., a national supplier of pharmaceuticals to the EMS community. The company plans to merge Blue Ridge with its Bound Tree Medical business to further strengthen its leadership position in the growing EMS market.

Bound Tree, the nation's largest provider of equipment and supplies to the pre-hospital market, will expand its pharmaceutical products, capabilities and distribution network with the addition of Blue Ridge. The privately negotiated acquisition is Sarnova's first since partnering with Water Street Healthcare Partners last year to create the company through the merger of Bound Tree and Tri-anim Health Services, Inc.

"Acquiring Blue Ridge advances our goal of building on Sarnova's strong foundation of premier distribution businesses to extend our leadership position into new and complementary health care markets," said Craig Davenport, chief executive officer of Sarnova. "With pharmaceutical products increasingly being utilized to treat patients in the field, we have quickly augmented our expertise and capabilities to meet growing demand for these specialized products. We are actively pursuing additional acquisitions that will enhance our leading brands and distribution network to deliver even greater value in the future."

Sarnova Appoints Industry Leader to Board

In another step to support the company's strategic plans for growth, Sarnova also announced that it has appointed Hank Struik to its board of directors. Most recently serving as the president of Cardinal Health's $850 million Respiratory and
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SOURCE Sarnova
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