UMANO MEDICAL ACQUIRES IBIOM

A strategic step toward the future

L’Islet, April 4, 2023.
Umano Medical is proud to announce that it has taken a significant step towards achieving its long term strategic goals with the acquisition of IBIOM, a medical equipment company located in Sherbrooke.Created in 1978, IBIOM’s product portfolio of medical equipment greatly enhances Umano Medical’s current offering. This agreement further diversifies Umano Medical’s expertise while also gaining a new place of business in the Estrie region. Above all, the acquisition promises to expand Québec’s medical expertise around the world.

Building toward the future

For Umano Medical, which has benefited from rapid growth in recent years, IBIOM’s acquisition is a strategic step toward its long term development. The specialized expertise from IBIOM, added to Umano Medical’s team of talents, further enhances the company’s ability to meet the varied and complex needs of the medical marketplace.

This acquisition also expands the Umano Medical geographic footprint to include offices in L’Islet and Lévis, in the province of Québec, St-Louis, Missouri (United States), and now Sherbrooke. Maintaining the offices in Sherbrooke allows Umano Medical to immediately benefit from the IBIOM’s team know-how. Additionally, with The Université of Sherbrooke (alma mater to many Umano Medical team members) in close proximity, the location provides an opportunity to recruit new talent that not only accelerates the company’s current technologies, but also helps envision and create customer solutions of the future.

Synergy of two Quebec expertises

The agreement between Umano Medical and IBIOM has been made possible thanks to the similarities of their two visions.
“For IBIOM, as for us, innovation, integrity and proximity to people are fundamental values. Our two companies were evolving in parallel in the same market, with a similar approach. We are really proud to join forces with this exceptionally human and talented team” explains Ghislain Demers, Co-President Sales, Marketing and R&D, and Umano Medical cofounder.

This acquisition will offer an international stepping stone for the IBIOM team, who was evolving in the Canadian market. In addition to Canada, Umano Medical is active in the United States, United Kingdom, Ireland, Australia, New Zealand and Singapore.