Eakin Healthcare: Comber firm buys Armstrong Medical
BBC News By John Campbell Published Eakin Healthcare, the Comber-based medical devices manufacturer, has bought another firm, Armstrong Medical. The deal will allow Eakin to diversify its product ranges in what the firm said is a "strategic acquisition". Eakin specialises in wound care while Coleraine-based Armstrong makes respiratory products. The price paid has not been disclosed. Last year the main company in the Eakin group, TG Eakin, showed a pre-tax profit of £16m on turnover of £34m. Armstrong's last accounts show pre-tax profits of £2.3m on turnover of £14m. 'Ambitious investment ...
Source: bbc.co.uk