News - Medicom® aquires controlling shares Kolmi-Hopen Group (07/15/2011)

Montreal, Canada – Thursday July 14^th 2011 – Medicom® Inc.(A.R. Medicom Inc.), the Montreal-based leading manufacturer of high quality disposable medical supplies, announced today that it has acquired a 78% controlling share of Kolmi-Hopen Group, based in France, effectively increasing its international market reach.

Kolmi-Hopen Group achieved sales of $23.5 million in 2010 with its European market-leading dual approach: Kolmi manufacturing high-quality and health care sector disposable products, and Hopen sourcing standard as well as hygiene and protection products. The Group produces its highest quality products at its facility in France, and outsources basic products in Asia, resulting in the most extensive range of products available in the European market, spanning both the health care sector and equipment for personal and environmental protection.

Kolmi-Hopen Group also expects its new facility in Saint-Barthelemy-d’Anjou, France, to be operational as of June 2012. The new facility will significantly increase its manufacturing capabilities due to an upgraded production process and a new clean room, among the largest in Europe.

Kolmi was founded in 1879 in Saint-Barthelemy-d’Anjou, France, and pioneered single-use surgical drapes and gowns in the 1970s. Kolmi’s product line grew to include personal hygiene products in 1999. Hopen was founded in 2003, and in 2006 Kolmi merged with Hopen to create the largest European disposable medical products manufacturer that also boasted the widest product line with more than 400 skus.