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SRI and Synergy Health merge


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  • | 3:39 p.m. June 7, 2012
  • | 2 Free Articles Remaining!
  • Tampa Bay-Lakeland
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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.

 

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