Sharps Compliance Acquires Affordable Medical Waste For $2.2M

October 25, 2021 1:13 PM | 1 min read | Make a Comment

Sharps Compliance Corp. SMED has acquired Affordable Medical Waste (AMW) for $2.2 million. AMW is a full-service, route-based provider of medical waste solutions to over 500 customer locations in the Midwest, primarily in Indiana.
Sharps Compliance specified that this acquisition is consistent with its long-term growth strategy.
The company expects the deal to enhance its route-based services and density in Indiana.
Sharps Compliance held a cash balance of $27.8 million as of June 30, 2021.
Price Action: SMED shares are trading higher by 2.38% at $8.19 on the last check Monday.

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