Kreisers, MMS and Seneca Complete Merger

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Apr 01, 2016, 08:00 ET

ST. LOUIS, April 1, 2016 /PRNewswire/ -- The new Concordance Healthcare Solutions has announced today the successful completion of the previously announced merger between Kreisers, Inc., MMS - A Medical Supply Company and Seneca Medical, Inc.

The new Concordance Healthcare Solutions draws on the best of all three organizations to create a near-national independent distributor with the ability to serve over 67% of the healthcare systems in America with the ability to expand into the remaining one-third. Combined the company will have approximately 1,000 employees, 20 distribution centers and $1.4 billion in annual sales. Concordance will be led by Tom Harris and Roger Benz, who will serve as Co-Presidents. Serving on the Senior Advisory Board along with Harris and Benz, will be Dave Larson, Gary Reeve and William Schultz.

"Today's finalization of the merger to form Concordance Healthcare Solutions marks a high point in the corporate histories of three great distributors. We are all very proud of this achievement. But as far as high points go, this one will be short lived as our opportunities and potential for success are unlimited. Each day from here on will record another high point. I could not be more excited than to be a part of this combined team we now call Concordance. Great people, great cultures, great work ethics and great opportunities," said Roger Benz, Co-President.

"This transaction is a giant step in the evolution of independent medical distribution," said Tom Harris, Co-President. "The culmination of this merger marks a significant milestone for our company, creating the premier independent distributor uniquely positioned to cover the entire healthcare continuum."

"Kreisers could not be more proud of what this merger accomplishes for our company. It is a lasting legacy of many years of delivering excellence to our customers. We look forward to continuing that service as Concordance Healthcare Solutions going forward," said Dave Larson, Senior Advisory Board Member.

About Concordance Healthcare Solutions
Concordance Healthcare Solutions, a merger of Kreisers, Inc., MMS - A Medical Supply Company and Seneca Medical, is one of the largest, independent, regional healthcare distributors in the U.S. The company offers products, equipment and supply chain solutions to the entire healthcare continuum with divisions and experienced professionals, dedicated to nursing homes, hospitals, physician practices, labs, government facilities, specialty products, home care, hospice, healthcare education, EMS and redistribution businesses. Concordance has locations in Phoenix, AZ; Tamuning, GU; West Chicago, IL; Shelbyville, IN; Daytona Beach, FL; Wichita, KS; Baton Rouge, LA; Kalamazoo, MI; Minneapolis, MN; Earth City, MO; Mocksville, NC; Billings, MT; Fargo, ND; New Rochelle, NY; Secaucus, NJ; Tiffin, OH; Spartanburg, SC; Rapid City, SD; Sioux Fall, SD; Andersonville, TN; Waukesha, WI and Ripley, WV. To learn more, visit: www.concordancehealthcare.com.