UTMD's Femcare acquires Orion Medical Supplies for £3.6M; adds ~$6M annual sales

UTAH MEDICAL PRODUCTS INC

Femcare Ltd, UTMD subsidiary, bought all common shares of UK-based Orion Medical Supplies Ltd for £3.6M cash from reserves.
Orion assembles/distributes Harm Reduction medical devices in UK/Europe; products target blood-borne infection prevention.
Acquisition projected to add ~$6M to UTMD consolidated annual sales; CEO cites accretion and stable revenue stream.
Orion operations to move into Femcare's Romsey facilities after transition; former owners retiring.

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