# Kerry Logistics Network acquires majority stake in Pro-Med Technology

Kerry Logistics Network acquired a majority stake in Pro-Med Technology Ltd, a Hong Kong-based supplier of rehabilitation equipment, to strengthen its medical equipment distribution business under the Kerry Medical brand.

- Type: Acquisition
- Announced: 2022-03-30
- Where: Hong Kong, Hong Kong SAR China
- Status: completed
- Products: rehabilitation equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Kerry Logistics Network](https://endata.com/companies/61966.md) (acquirer)
- [Pro-Med Technology](https://endata.com/companies/61967.md) (target)

## Sources

- [cargonewswire.com](https://cargonewswire.com/kerry-logistics-network-acquires-rehabilitation-equipment-supplier-pro-med-technology-to-strengthen-foothold-in-medical-equipment-distribution-in-hong-kong/), 2022-03-30: "To welcome Pro-Med to KLN marks our determination to expand in the healthcare sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.