New Ownership Promises a Bright Future for Rocialle Healthcare Ltd

Prospects are exciting for our customers and our business as the newly forged relationship presents opportunities for the sharing of knowledge and innovation.

Rocialle Healthcare Ltd (comprising Rocialle and Guardian) has been purchased by a wholly owned subsidiary of Zhende Medical Co. Ltd and Multigate Medical Products Ltd.

Zhende, a market leading, Shanghai Exchange listed business, has over 25 years of experience in the design and manufacture of medical products. Employing around 4,000 staff across four manufacturing facilities, Zhende specializes in wound management and supplies surgical and medical consumables to marketsin 73 countries around the world.

Multigate Medical Products is a leading Australian manufacturer and supplier of procedure packs and medical consumables for the public and private hospital markets. Headquartered in Sydney, New South Wales, Multigate supplies in excess of 2,500 products and employs over 300 staff, many of whom have had successful nursing and wider healthcare related careers. Like Rocialle, Multigate has gained a market leading position in its home market, having been manufacturing and supplying procedure packs and medical consumables to Australian healthcare providers for over 30 years.

Simon Loose, newly appointed CEO, spoke enthusiastically about the future; “I’m excited about the opportunities for Multigate and Rocialle to share ideas and bring new products to their respective markets. Already, I can see Multigate products that will fit well into Rocialle’s range, complementing the theatre packs, medical packs and single-use surgical instruments with which we supply the NHS, private hospital groups and distributors.

“Guardian’s unique place in the surgical textile market is based on ourability to meet needs for innovative products, especially high specification drapes for particular procedures, and contract manufacturing services from our UK manufacturing site. This new relationship will support the development of our new product designs, and add robustness to oursupply chain.

“Our new owners are dedicated to partnering with healthcare providers and clinical teams to create products and services that support genuine improvements to clinical practice and productivity.There are fantastic opportunities for the sharing of knowledge and innovation that will enable us to fulfill our ongoing objective of helping our customers improve efficiency and control infection.”

Simon Loose is the newly appointed Chief Executive Officer of Rocialle Healthcare Ltd, leading both Rocialle and Guardian businesses. Simon has twenty-five years of senior management and financial experience and previously worked with the businesses for four years as the Finance Director.


Tags: Investors, Multigate, Zhende