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Announced

Henry Schein to acquire a majority stake in Prism Medical Products.

Synopsis

Henry Schein, a provider of health care solutions to office-based dental and medical practitioners, agreed to acquire a majority stake in Prism Medical Products, a provider of specialty home medical supplies. Financial terms were not disclosed. “Expanding beyond our core base of office-based physicians and entering the home health market has been a long-standing strategic goal of Henry Schein’s medical business, and with PRISM we have the ideal partner with a strong brand and a complementary business model. This partnership expands Henry Schein Medical’s continuum-of-care delivery model and allows us to move closer and to interact directly with patients. It also strengthens our relationships with the physicians who prescribe home medical supplies," Stanley M. Bergman, Henry Schein Chairman and Chief Executive Officer.

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