Medical Disposables and Supplies Limited (MDS) has advised that the Company has entered into an asset acquisition agreement with Cornwall Medical and Dental Supplies Limited (CMDL).
“Located in Montego Bay, CMDL is an island-wide distributor of medical equipment, medical disposable products as well as a wide range of dental supplies. The Company also operates three pharmacies, two in Montego Bay and one in Savanna-la-Mar under the brand name Corn-med Pharmacy.
“The vehicle which will be used to carry the operation is a newly formed subsidiary, Cornwall Enterprises Limited, in which MDS will own 60% stake,” stated MDS.
