SRI and Synergy Health merge

TAMPA - A U.K. firm has agreed to buy Tampa-based SRI/Surgical Express Inc.

A subsidiary of Synergy Health, a Swindon, UK company that provides outsourced sterilization services to healthcare firms, signed a definitive merger agreement to buy all the common stock of SRI for $3.70 per share in cash.

SRI provides central processing and supply chain management services for U.S. hospitals and surgery centers. The transaction is valued at $25.06 million in equity value.

Both businesses' board of directors unanimously approved the agreement.