Arriva Medical Acquires Direct Diabetic Source

Arriva Medical Acquires Direct Diabetic Source

PR Newswire

CORAL SPRINGS, Fla., Jan. 12, 2012 /PRNewswire/ — Arriva Medical, a leading national provider of diabetic supplies, announced today that it has acquired Direct Diabetic Source, Inc. in a transaction valued at approximately $5 million. The transaction included a cash payment of $2.5 million at closing, and contingent payments which are expected to total $2.5 million. Based in Sunrise, FL, Direct Diabetic Source had a customer base of approximately 25,000 active customers.

SOURCE Arriva Medical

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