Syncreon Increases Healthcare Scope

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23rd January 2010, 11:18am - Views: 707






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MEDIA RELEASE PR37993


syncreon Increases Healthcare Scope


AUBURN HILLS, Mich., Jan. 23 /PRNewswire-AsiaNet/ --


    syncreon, a provider of highly customized supply chain and integrated logistics solutions, today announced

that the Principals of H3 Logistics, LLC have joined syncreon's global organization.




    H3 Logistics is a third-party logistics (3PL) and supply chain

engineering company providing solutions to the healthcare industry.

Integrating the service offerings of H3 Logistics provides syncreon

capabilities to improve the service and cost structure of supply chains for

healthcare providers and supply vendors as the need for logistical support

extends beyond a health system's acute care setting to their ambulatory care,

episodic care, and post-acute care delivery points. It strengthens syncreon's

offerings and expands end markets served to include healthcare providers.


    Brian Enright, President & CEO of syncreon, said, "This is an important

addition to syncreon as we continue our expansion in, and service offerings

to, the Healthcare Industry. H3 Logistics services add considerably to our

capabilities. It continues to build upon syncreon's core differentiator -

flexible and customized solutions for our customers."


    About syncreon

    syncreon is a global contract logistics and supply chain management

company that uses its asset-light business model to provide specialized

transportation, inbound, outbound, and fulfillment logistics services. These

services are fully integrated into their customers' supply chain and final

end-client delivery.


    With its operational HQ in Auburn Hills, MI., syncreon has activities in

20 countries, with over 60 facilities and approximately 9,500 employees.

syncreon is owned by Irish businessmen Michael & Brian Enright and New York

based private equity firm, GenNx360 Capital Partners. For more information

please visit, www.syncreon.com.


    About H3 Logistics

    H3 Logistics is a third-party logistics (3PL) and supply chain

engineering company. H3 Logistics designs and implements supply chain

solutions for independent hospitals, health systems and collaborations of

unaffiliated healthcare providers. www.H3Logistics.com.


    About GenNx360 Capital Partners

    GenNx360 Capital Partners is committed to delivering superior returns to

investors in all its portfolio companies. The firm acquires companies with

proven and sustainable business models in expanding industries and implements

the required operating changes to deliver cost efficiencies and accelerated

growth opportunities. The firm's proven business methodology is based on more

than 100 years of partner experience successfully running global businesses.

For more information please visit, www.gennx360.com. GenNx360 has been an

investor in syncreon since March 2009.



    MEDIA CONTACT:

    Lisa Klein, +1-248-377-4700

Business Company Syncreon 3 image

 

lisa.klein@syncreon.com



SOURCE: syncreon


    CONTACT: Lisa Klein, 

                      +1-248-377-4700, 

                      lisa.klein@syncreon.com




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