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Medline announces distribution deal with Addlife

Arnhem, the Netherlands, October 20, 2016 - Medline International B.V. signed a distribution agreement today with Addlife to represent Medline International B.V. in respect to all sales and support throughout the Nordic region. The business will become an integral part of existing operations of Mediplast Group, within Addlife’s business unit Medtech.

Medline International B.V. is a part of Medline Industries, Inc., a privately held manufacturer and distributor of medical supplies. Medline was founded in 1910 and is today among the world's largest privately owned companies in the medical supply market. Medline delivers a robust product portfolio and patient-care solutions to help healthcare providers perform at their very best. Medline is a leading provider of sterile procedure trays, surgical gloves, exam gloves, drapes and gowns and many more products in the market. Medline is separated primarily into two product divisions:
Operating Room – sterile procedure trays, surgical gowns, drapes and accessories, surgical gloves, sterilization, surgical devices, personal protective apparel, facemasks, safety in the OR.
Patient Care – exam gloves, patient hygiene, patient wear and textiles, moisture management, continence care, advanced wound care and skin care.

Medline uses its global reach to provide direct solutions to the healthcare market across Europe. Globally, they have 14,000 employees and about 9 billion US dollars in sales. The Nordic operations will be transferred during the month of November 2016 and will add about 40 million SEK annually.

“The distribution agreement with Addlife will be pivotal for growth not only in the Nordics but also for Medline’s long term strategy in Europe. Addlife will bring unrivaled experience and access in the market that will only help catapult Medline to further success. We look forward to a long and prosperous relationship,” says Tripp Amdur, Group President, Medline International B.V.

The activities in the market will be built around the strong sales and support organization within Mediplast Group, part of business unit Medtech.

“It is a proud moment for AddLife to have the opportunity to strengthen the collaboration with Medline. The combination of our existing strong sales and support organization with the expertise and high-quality product portfolio that Medline offers will enable Mediplast Group to become total solution provider for the customer,” says Lars-Erik Rydell, Business Area Manager, Medtech.

The takeover of the operation is estimated to have a positive impact on AddLife’s earnings per share.

About Medline International
Medline International, headquartered in Arnhem, the Netherlands, has direct sales representatives across Europe that support a broad product line of medical and surgical supplies and serve as dedicated points of contact for customers. Medline delivers a robust product portfolio and patient-care solutions to help healthcare providers perform at their very best. Medline International is a part of Medline Industries, Inc. a privately held manufacturer and distributor of quality medical and surgical supplies throughout North America, Europe, Asia and the Middle East. Learn more at www.medline.co.uk


CONTACT INFORMATION

Europe
Mallory Phillips
International Communication Manager
+31 (0) 26 312 72 34
mallory.phillips@medline.com


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