Allied Healthcare Products
This article was originally published in The Gray Sheet
Executive Summary
Signs a letter of intent to acquire Toledo, Ohio-based B&F Medical Products, Inc. B&F manufactures plastic disposable medical products including tubing, masks, aspirators, ventilators, and oxygen concentrators and sells primarily to the home health market, Allied says. The company posted sales of $23 mil. and earnings of $2.5 mil. for the fiscal year ended April 30, 1994. St. Louis-based Allied, which manufactures and markets medical gas equipment and respiratory therapy products, plans to expand the sale of B&F's products in the hospital and international markets. Allied had sales of $53.4 mil. and net income of $5.1 mil. for the nine months ending March 31, 1994