Wednesday, February 29, 2012

An exciting acquisition for DUKAL Corporation

Written By: Stephen Stack (Senior Graphic Artist)

Earlier today DUKAL Corporation announced another milestone! See below for more details on this exciting news! What a great day to work at DUKAL!

DATE: February 29th, 2012

FOR IMMEDIATE RELEASE

DUKAL CORPORATION TO ACQUIRE CERTAIN ASSETS OF DONOVAN INDUSTRIES

RONKONKOMA, NY, February 29th -- DUKAL Corporation (www.dukal.com) announced today that it has entered into an agreement to acquire certain assets of Tampa, FL-based Donovan Industries Inc. (www.donovanindustries.com). Both are privately-held companies.
Terms of the agreement were not disclosed.
DUKAL President Gerry LoDuca commented, "This transaction will expand our existing product line and customer base, is well-aligned with our aggressive growth strategies and supports our objective to be a preferred provider of high quality products used in healthcare. We are looking forward to utilizing this acquisition to strengthen our existing business and expand our global reach into the primary and long-term care markets."
Jim Donovan, president of Donovan Industries said he was pleased to link his company to DUKAL. “I am very confident that our customers and the industry in general, will be well served by this acquisition."
ABOUT DUKAL
Since 1991, DUKAL Corporation has been a privately held supplier of disposable medical products based in Ronkonkoma, NY. The company produces its products through strategic manufacturing partnerships with a focus on high quality and is dedicated to providing best in class products and supply chain solutions to its customers. DUKAL products are used every day by healthcare professionals in Acute Care, Primary Care, Long-Term Care, Dental and Veterinary settings, and can be found in Consumer, Industrial and Safety outlets throughout North America and Europe. Additional information may be found at www.dukal.com.
ABOUT DONOVAN
Since 1979, Donovan Industries is a recognized name as a quality provider of healthcare products. Family-owned and operated, Donovan Industries is a supplier of Skin Care, Baby Care, Oral and Shaving Care and many other products. Donovan Industries offers an extensive line of products that meets the needs of the Acute Care and Alternate Care markets under the names of DawnMist and Redi + Wash. Additional information may be found at www.donovanindustries.com.
CONTACT:
Rick Kinsella CFO, DUKAL Corporation
631-656-3800
RKinsella@DUKAL.com