11/04/2014

BeoCare Group, Inc.

BeoCare Groups acquires Shelby Elastics

HUDSON, N.C., Nov. 4, 2014 /PRNewswire/ -- BeoCare Group Inc., one of the leading North-American manufacturers of knitted medical textiles, has acquired all the assets of Shelby Elastics of North Carolina LLC. Both North Carolina-based companies manufacture specialty medical textiles used in a wide range of applications in hospitals and long term care facilities. Shelby Elastics will continue to operate as an independent division of BeoCare from its current location in Shelby, NC where it employs 51 people.


Shelby Elastics was founded over 35 years ago in Shelby NC as a specialist knitter of elastic products. Over the years the company has become one of the leading ISO 9001 certified manufacturers of specialty elastic products for the medical industry. "Many leading medical device companies look to Shelby Elastics for technical and innovative support in developing new products," says Craig Wood, who has been the President of Shelby since 1999. "Our ventilated and stretch loop products are examples of innovations that are widely used in medical products." Mr. Wood will stay with Shelby and will take on the wider responsibility as VP of Sales & Marketing for the entire BeoCare group of companies.


BeoCare, which employs 103 people in Hudson, NC, is the leading domestic OEM contract manufacturer of knitted textile products for use in maternity care and incontinence care. BeoCare is certified ISO 9001 & ISO 13485 and counts some of the largest medical distributors in the US amongst its clients. "Through our extensive and continuing investment in research and development, we have developed a range of innovative new products with applications in fast growing therapeutical areas such as orthopedic care, surgical care and wound care," says Peter Vanderbruggen, CEO of BeoCare Group Inc. "We are firm believers in US manufacturing and with the acquisition of Shelby we are now adding the extensive capabilities of the Shelby Elastics team in crochet knitting to our own capabilities in seamless knitting. The result is a unique domestic one stop shop for OEM medical knitted textiles."


"Craig will help us strengthen our long term OEM relationships with leading healthcare brands," continues Mr. Vanderbruggen. "With the acquisition of Shelby Elastics we are step closer to realizing our vision to become the preferred OEM partner of choice for leading healthcare companies worldwide and to work together with them in developing innovative medical textiles that improve the quality of life for patients throughout the world."