• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

PSS to acquire Gulf South Medical

Article

Fast-growing medical products distributor Physician Sales and Service of Jacksonville, FL, plans to get even bigger with the acquisition of Gulf South Medical Supply of Jackson, MI. The $685 million deal will create an equipment distribution giant with

Fast-growing medical products distributor Physician Sales and Service of Jacksonville, FL, plans to get even bigger with the acquisition of Gulf South Medical Supply of Jackson, MI. The $685 million deal will create an equipment distribution giant with run-rate revenues of $1.3 billion.

The combined company will have 981 sales representatives and 112 service centers, and will serve over 130,000 customers in all 50 states. Gulf South chairman and CEO Thomas Hixon will join PSS as president and COO, while three Gulf South board members will join the board of PSS. The deal is expected to close in the first half of 1998, according to PSS chairman and CEO Patrick Kelly.

Physician Sales & Service also plans to change its name to PSS World Medical to reflect the company's expansion into new medical distribution markets.

Related Videos
Emerging Research at SNMMI Examines 18F-flotufolastat in Managing Primary and Recurrent Prostate Cancer
Could Pluvicto Have a Role in Taxane-Naïve mCRPC?: An Interview with Oliver Sartor, MD
New SNMMI President Cathy Cutler, PhD, Discusses Current Challenges and Goals for Nuclear Medicine
Where the USPSTF Breast Cancer Screening Recommendations Fall Short: An Interview with Stacy Smith-Foley, MD
A Closer Look at MRI-Guided Transurethral Ultrasound Ablation for Intermediate Risk Prostate Cancer
Improving the Quality of Breast MRI Acquisition and Processing
Can Fiber Optic RealShape (FORS) Technology Provide a Viable Alternative to X-Rays for Aortic Procedures?
Does Initial CCTA Provide the Best Assessment of Stable Chest Pain?
Making the Case for Intravascular Ultrasound Use in Peripheral Vascular Interventions
Can Diffusion Microstructural Imaging Provide Insights into Long Covid Beyond Conventional MRI?
Related Content
© 2024 MJH Life Sciences

All rights reserved.