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Medical device market leader, Marsden Group, acquires Bailey Instruments
Medical device market leader, Marsden Group, is targeting future
growth within international and UK healthcare markets following
the acquisition of specialist surgical instruments and medical device
manufacturer Bailey Instruments.
“The acquisition will provide new opportunities for both businesses,
both in terms of investing in research and development, bringing new
products to market, as well as building on their expertise, experience
and manufacturing capabilities, as we target future growth.
The acquisition of Manchester-based Bailey Instruments will
complement and strengthen Marsden Group’s international growth
strategy, by expanding the company’s existing range of high quality
medical instruments which are used by medical professionals
operating within the UK’s public and private healthcare sectors.
Tim Bailey, Chairman of Bailey Instruments said:
The deal will see the Bailey Instruments brand retained by Marsden
Group, with Chairman Tim Bailey playing a consultancy role within the
business. Fellow Director Gemma Bailey will remain actively involved
within Bailey Instruments and will be responsible for leading Bailey’s
international growth.
Launched in 1989 by Tim and Sally Bailey, Bailey Instruments
developed high quality re-usable products for the podiatry sector.
Today the company is responsible for manufacturing a diverse range
of single-use and reusable medical devices which are used in general
surgery, podiatry, maternity and ENT.
Bailey’s high quality, comprehensive instrument portfolio will
complement and strengthen Marsden Group’s international business
and provide further access to global healthcare markets. Moreover,
Bailey will also strengthen Marsden Group’s ability to diversify into
fast growing markets.
Marsden Group already offers a range of proven medical devices
to help healthcare professionals deliver high quality assessment
in hospitals, care homes and community settings. The company is
perhaps best known for its pioneering work within weighing devices,
used as an essential monitoring and diagnostic tool.
Mark Holdaway, CEO for the Marsden Group, said:
“There is a great deal of synergy between the innovative work
being delivered by Bailey Instruments and the Marsden Group. The
acquisition of Bailey Instruments will provide new opportunities for
both businesses, by extending and diversifying the range of solutions
we provide to our customers within the healthcare sector.
“Joining the Marsden Group of companies will provide us with an
opportunity to continue the innovative work we have been delivering
in the healthcare sector for nearly 40 years. Together, we will
continue to enable caregivers to make a real difference to patient
outcomes everywhere.
“When we first entered into discussions it was very clear that our
vision was very much aligned with that of the Marsden Group and I
am confident that the acquisition will provide opportunities to share
our expertise and knowledge, helping to improve patient outcomes by
continuing to invest and innovate, whilst crucially providing business
continuity as well as helping to unlock new opportunities to grow and
develop our operations.
Established in 1926, Marsden is the UK’s leading manufacturer of
medical weighing devices and has been responsible for delivering
services to the NHS for more than 50 years. Headquartered in
Rotherham, South Yorkshire, the company employs 50 members of
staff. Marsden is a member of the UK Weighing Federation and is
accredited by SGS Limited.
The Marsden Group received a
Queen’s Award for Innovation
in 2021 and earlier this year,
the company was awarded
the Primary Care Award in
recognition of its partnership
working with the NHS at the
2023 Medilink Healthcare
Business Awards.
https://baileyinstruments.co.uk
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Issue 394
July
2023
17