UltiMed Corporate Office Moves to Excelsior, Minnesota

  • September 26, 2014
  • Corporate News

Excelsior, MN – UltiMed Inc., a rapidly growing manufacturer and distributor of pen needles, insulin syringes and other injection related products to the consumer, institutional and veterinary markets has relocated its corporate office to Excelsior, Minnesota.

“We‘re very excited to be part of a great community,” said Holly Hartshorn, UltiMed Director of Marketing. “The new location accommodates our need for more space as we grow and provides a variety of entertainment and dining choices for our team and customers. We look forward to learning more about the area and exploring all it has to offer.”

About UltiMed Inc.
UltiMed, Inc., headquartered in Excelsior, MN, is a manufacturer of drug injection delivery devices including insulin syringes, pen needles and safety syringes for the domestic and international markets. The company owns and operates two state of the art medical device-manufacturing facilities in the U.S. and abroad. UltiMed’s broad product offering is valued by pharmacies, physician offices, health care facilities and veterinary clinics. UltiMed’s exclusive UltiGuard® packaging system makes the Company a world leader in safe needle disposal. The UltiGuard® package combines convenient needle storage and a sharps disposal container all in one system, ensuring used needles are properly contained after use. For more information, visit www.ulticare.com.

If you’d like more information about this topic, or to schedule an interview with Holly Hartshorn, please call Holly at (651) 291-7909, X211 or e-mail at h.hartshorn@ulticare.com

UltiMed Inc. Partners with Growth Oriented Investor

  • September 24, 2014
  • Corporate News

Excelsior, MN – UltiMed Inc., a rapidly growing manufacturer and distributor of pen needles, insulin syringes and other injection related products to the consumer, institutional and veterinary markets, today announced that it has been acquired by LDI Ltd. Based in Indianapolis, LDI is a family office that invests in growth oriented businesses. UltiMed is headquartered in Minneapolis and owns and operates manufacturing facilities in De Smet, SD and South Korea.

For over 25 years, UltiMed has provided diabetes patients with smooth and comfortable injection devices. UltiMed products are complemented by a proprietary dispense and dispose packaging system that enables patients to more easily and safely dispose of used sharps. The company markets its products under the UltiCare® brand, as well as under private label and co-branding arrangements.

“Our manufacturing business is a great fit with LDI,” said Jim Erickson, UltiMed President. “Our new relationship with LDI will give us greater resources to provide enhanced products and services. This will help our business partners and healthcare professionals better treat and manage the needs of their customers and patients. We welcome LDI’s experience in building businesses and their culture as a family office. We are excited to partner together to grow our business.”

This acquisition signifies an exciting opportunity for LDI, led by President and CEO J.A. Lacy.

“Jim Erickson and the UltiMed management team have built a growing and profitable company based on high-quality, user-friendly products and a commitment to customer service,” said Lacy. “We are excited to work with the UltiMed team on a strategy to accelerate their growth and welcome them to the LDI family.”

About UltiMed Inc.
UltiMed, Inc., headquartered in Excelsior, MN, is a manufacturer of drug injection delivery devices including insulin syringes, pen needles and safety syringes for the domestic and international markets. The company owns and operates two state of the art medical device-manufacturing facilities in the U.S. and abroad. UltiMed’s broad product offering is valued by pharmacies, physician offices, health care facilities and veterinary clinics. UltiMed’s exclusive UltiGuard® packaging system makes the Company a world leader in safe needle disposal. The UltiGuard® package combines convenient needle storage and a sharps disposal container all in one system, ensuring used needles are properly contained after use. For more information, visit www.ulticare.com.

About LDI Ltd.
LDI is an Indianapolis-based family office with more than a century of experience operating high-potential, middle-market companies. Originally founded by the Lacy family in 1912 as U.S. Corrugated-Fibre Box Company, LDI today seeks investments in manufacturing, distribution and logistics businesses. LDI businesses employ more than 2,500 people in more than 20 countries. LDI employs an investment strategy to build enduring value through customer focus and continued improvement over long term investment horizons.

If you’d like more information about this topic, or to schedule an interview with Holly Hartshorn, please call Holly at (651) 291-7909, X211 or e-mail at h.hartshorn@ulticare.com