Unomedical Announces Sale Of Custom Procedure Packs Business

Press Release

FOR IMMEDIATE RELEASE

Unomedical Announces Sale of Custom Procedure Packs Business

Mona Vale, AU 15/02/10 Unomedical, a leading manufacturer of single-use medical devices, today announced the sale of its Custom Procedure Packs (CPP) business, including part of its Mona Vale production facility in Australia, to PAUL HARTMANN Pty. Ltd., the Australian subsidiary of PAUL HARTMANN AG, a global provider of innovative products and customized services designed to enhance patient well-being and support healthcare professionals.

Concurrently, Unomedical also announced that it will relocate its remaining medical consumables manufacturing capabilities to its other production centres of excellence in Malaysia, Mexico, and Slovakia. The company has notified the National Union of Workers of these announcements.

This decision is in line with the corporate growth strategy of ConvaTec, the parent company of Unomedical, which is focused on meeting customer needs in core global businesses of ostomy care, wound therapeutics, continence & critical care, and infusion devices.

"We believe that this sale is in the best long-term interests of Unomedical, PAUL HARTMANN and our respective stakeholders," said Nino Pionati, President of ConvaTec Asia Pacific. President of ConvaTec Asia Pacific. "It will allow us to focus on building greater value in our core businesses and to better service our customers in those businesses throughout Australia and New Zealand. We believe we have found the ideal buyer for our Custom Procedure Packs business because of our shared commitment to excellence and unwavering focus on patient care and safety."

During the transition of ownership, Unomedical is committed to working with PAUL HARTMANN to ensure the ongoing production of CPP products at the Mona Vale plant and the uninterrupted delivery of CPP products to the Australia and New Zealand medical communities.


About Unomedical

Unomedical, a ConvaTec company, is a leading provider of single-use medical devices with global operations. For more information, please visit www.unomedical.com.

About PAUL HARTMANN AG

The HARTMANN GROUP concentrates on providing system solutions for professional customers in the field of medical and nursing care. Its activities are assigned to the three core business segments Wound Management, Incontinence Hygiene and Risk Prevention in the Operating Theater. Geographically HARTMANN is active in more than 100 strategically relevant countries and represented by its own subsidiary companies in 32 countries. The company, whose priority market is Europe, employs about 9,500 staff worldwide and generates annual sales volume of approx. EUR 1.5 billion.

Media Contact

David Leahy
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Mary Smiddy
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SOURCE: Unomedical