Rochester Medical Corp. Signs Agreements with Coloplast A/S and Mentor Corp.

Published: Tuesday, May 23, 2006 - 22:00

Rochester Medical Corp. recently signed agreements with Coloplast A/S and Mentor Corp. regarding Coloplast’s acquisition of Mentor’s urology business.Under the agreements, Rochester Medical will acquire certain assets of Coloplast and Mentor related to male external catheters in the United Kingdom, a Mentor U.K. dispensing license, and Mentor’s sales office and warehouse in Lancing, United Kingdom. Rochester will pay $14.6 million for the assets.

“We are very pleased to have reached an agreement on these strategic transactions,” says Anthony J. Conway, Rochester Medical president and CEO. “As I have previously stated, we believe these agreements will strengthen sales, margin and profits, and will propel Rochester Medical to a new level of success.”

For more information, visit www.rocm.com.

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