By Rhea Healy2016-11-30T09:54:00+00:00
Home health care provider Cryogenic Solutions, LLC, has acquired Inventory Solutions, Inc. a national supplier of refurbished respiratory products to the home medical equipment industry.
The Indiana-based business provides high quality repair services for liquid systems, concentrators, cylinder testing and refinishing and smart monitors, with the acquisition of Inventory Solutions adding to the repair and parts segment of its business.
Inventory Solutions, located in New York, sells a wide range of patient-ready respiratory products including ventilators, liquid oxygen (O2) bases, portables and cylinders. The company ships from 14 repair facilities around the US.
Todd Durham, President and CEO of Cryogenic Solutions, signified, “With this acquisition, Cryogenics Solutions gains a knowledgeable team of employees that are committed to providing the home medical equipment industry with a full spectrum of high quality products and services.”
Financial details of the deal were not disclosed.
MagneGas Corporation, a waste-to-energy company that coverts liquid waste in a hydrogen (H2) based fuel, has appointed a new Chief Financial Officer (CFO), declaring that the new addition brings significant merger and acquisition (M&A) experience.
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