Owens & Minor, Inc. Acquires Apria, Inc. To Expand Presence In Home Health Care Market

Owens & Minor, Inc., a leading global health care solutions company, has closed the previously announced acquisition of Apria, Inc. The acquisition was consummated for total consideration in cash of approximately $1.6 billion. The purchase was funded with a combination of debt and cash on hand. Daniel J. Starck, who has served as Chief Executive Officer for Apria since 2015, has joined Owens & Minor and will lead the new Patient Direct segment.

The transaction combines the strength of Owens & Minor’s existing Byram Healthcare business with Apria to create an enhanced experience for the consumer, provider organization . . .