Mindray Acquires Ulco Medical

2013-09-13
Mindray Medical International Ltd (NYSE: MR, “Mindray”) is pleased to announce that it has recently acquired Ulco Medical Pty. Ltd. (“Ulco”), an Australia-based former distributor of Mindray.

Established in 1964, Ulco is renowned for supplying innovative and reliable medical products of superior quality. Prior to the acquisition, Ulco has been serving as Mindray’s distributor for patient monitoring and life support products since 2007.?

Under the agreement, Mindray gains access to Ulco’s established sales and service capabilities in the Oceania market. Mindray will leverage its global platform to support Ulco’s future development in the region. Upon completion of the acquisition, Ulco will be consolidated as Mindray’s branch office in Australia and renamed Mindray Medical Australia, but the company will maintain its existing operations. We expect to use Ulco’s comprehensive sales and services capabilities to further strengthen our market presence in Australia, New Zealand and other Oceania islands.

About Ulco
Established in 1964, Ulco Medical was originally established as a specialized engineering services company located in Marrickville, NSW. Today the company is located in Melbourne, Victoria, with offices throughout Australia and New Zealand. The company has worked in close partnership with the medical industry for almost 50 years and is renowned for supplying innovative and reliable medical products of superior quality. Ulco’s dedication to listening to market needs combined with its core existence as an R&D, manufacturing, engineering and distribution company has resulted in the development of an extensive range of solutions combining substance, style and affordability. For more information, please visit http://www.ulcomedical.com/.

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