Chemed subsidiary acquires CSD Medical.CINCINNATI, OHIO--(BUSINESS WIRE)--MAY 17, 1995--Chemed Corporation (NYSE NYSE See: New York Stock Exchange :CHE) today announced that the Tidi Products Inc. operation of its Veratex Group acquired the CSD CSD Commission on Sustainable Development CSD Serbian Dinar (ISO currency code) CSD Christopher Street Day CSD Circuit Switched Data (Sprint) CSD Computer Science Department CSD Community School District Medical Division of Central States Diversified Inc. for an undisclosed purchase price. With revenues of $12 million, CSD Medical is a manufacturer and distributor of economically priced disposable paper products, marketed under the ProTexMor(R) brand. The addition of the CSD Medical product line provides Tidi with a selection of hospital and long-term-care products not currently manufactured by Tidi. Tidi Products Inc., headquartered in Troy, Mich., is a leading manufacturer of more than 800 disposable paper, cotton, and gauze gauze (gawz) a light, open-meshed fabric of muslin or similar material. absorbable gauze gauze made from oxidized cellulose. products primarily for the non-hospital, alternate-care marketplace. Chemed Corporation, headquartered in Cincinnati, is a diversified public corporation with strategic positions in medical and dental supply manufacturing and distribution for the private-practice market, home healthcare services, and hospice hospice, program of humane and supportive care for the terminally ill and their families; the term also applies to a professional facility that provides care to dying patients who can no longer be cared for at home. care; plumbing, drain cleaning, and appliance and air- conditioning repair and maintenance through the sale of service contracts; and sanitary sanitary /san·i·tary/ (san´i-tar?e) promoting or pertaining to health. san·i·tar·y adj. 1. Of or relating to health. 2. maintenance products and services. CONTACT: Chemed Corporation, Cincinnati Timothy S. O'Toole, 513/762-6702 |
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