MONTREAL, Quebec — Mark Mann, vice president of MIP USA Inc., and Michael Bernstein, CEO of World’s Global Source Operating (WGS), report the companies have reached a definitive agreement whereby MIP USA Inc. has purchased the intellectual property, inventory, customer list and future supplier agreements from WGS on patient gowns, styles and prints.
Terms of deal were not disclosed.
“We have tremendously valued our corporate and personal relationships over the years with the MIP Team, and I firmly believe that with this transition your future inventory requirements in patient gowns and other products will be a benefit all customers,” shares Bernstein.
He adds that he will ensure that the transition moves in a seamless manner.
“After several years of working on other projects together, I realized just how much the culture and willingness to delight our customers is embodied in the WGS organization so this feels like a very natural fit,” says Mann.
“Further, we believe that the combination of efforts from both entities will only further improve service levels for all customers.”