Insider Media Limited

March 21, 2012

The Swindon-based company has acquired MSI from Empire Investment Holdings for a cash consideration of $6.5 m (£4.1m).

MSI operates a hospital sterilisation facility in New York and is said to be the second largest provider of these outsourced services in the US. It recorded revenue of $4m (£2.5m) for the year to 31 December 2011.

Synergy Health said the acquisition of MSI is an early step in its plans to develop a hospital outsourcing base in the US. The company will work with MSI’s customer base to expand its knowledge with the view of developing a networking in 2013.

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