Symmetry Medical Inc. announced Thursday it has signed an agreement with Allegiance Healthcare Corp.'s V. Mueller surgical instrument business.
The agreement will make Symmetry the exclusive U.S. distributor to Symmetry's OEM customers of certain V. Mueller surgical instruments and Genesis sterilization containers. In addition, V. Mueller gains rights to sell and distribute Symmetry's standard tray systems and proprietary surgical instruments to hospitals, surgery centers and physician offices.
"We are delighted to enter into this agreement with Allegiance, which is world-renowned for its V. Mueller general surgical instruments and its Genesis sterilization containers," said John B. Byrd III, president and chief executive office of Symmetry. "Our distribution of these products truly rounds out the 'Total Instrument Solution' for our OEM customers in all medical disciplines, providing them with one source for all their surgical instrument and delivery system needs.
Under the agreement, Allegiance will offer its customers Symmetry's PolyVac plastic tray line and Othy off-the-shelf specialty products. The agreement is expected to give Allegiance an increased presence serving manufacturers of healthcare implants and other products.
Allegiance Healthcare Corp.'s V. Mueller business is a leading manufacturer and marketer of surgical instruments. Based in McGaw Park, Ill., Allegiance is a leading provider of health care products and cost-management services needed by hospitals, laboratories and others in health care. Allegiance is a subsidiary of Cardinal Health Inc., Dublin, Ohio.
Symmetry Medical Inc. is a world leader in orthopaedic instruments and delivery systems for all medical disciplines.