31 January 2011
COSMED announces acquisition of Life Measurement, Inc. (LMI)
COSMED USA, Inc. announces the recently completed acquisition of Life Measurement, Inc. (LMI), a leading provider of body composition assessment equipment in infants, children and adults.
LMI develops, manufactures, and markets medical devices designed to provide the most accurate body composition based on Air Displacement Plethysmography technology, considered the “Practical Gold Standard” in body composition assessment. LMI's products, which include the BOD POD® and the PEA POD® Body Composition Tracking Systems, are extensively used in University and Medical Research, Clinical, Athletic, Military, and Health and Fitness settings all around the world.
COSMED USA, Inc., based in Chicago, IL, is the wholly owned USA subsidiary of COSMED srl, a European company with Headquarters in the province of Rome, Italy. With the addition of LMI, COSMED further enhances its already extensive offerings, which include application specific solutions for the measurement of Exercise Capacity (VO2max) and Indirect Calorimetry, and Gold Standard products such as the K4 b², the Fitmate and the Quark product line. The combination of the two companies will result in a single entity focused on providing the best and most comprehensive Cardiopulmonary and Metabolic solutions for the Medical, Research, Sport Science and Performance and Wellness markets, and a worldwide structure able to respond to their high requirements.
The growing fields of Cardiopulmonary and Metabolic applications will also benefit from a professional team of highly motivated individuals with the aim of developing solutions and tools accessible to all. As we bring COSMED and LMI together, we will keep you updated of any changes, and we think you will like what we will be able to offer.
|Marco Brugnoli||Alex Urlando|
|Managing Director||President and COO|
|COSMED srl||Life Measurement, Inc.|
|President and CEO|
|COSMED USA, Inc.|
Founded in 1980, COSMED is a privately owned company manufacturing Cardio Pulmonary and Metabolic Diagnostic Equipment. COSMED products include a full range of Spirometers, Pulmonary Function, Body Composition, Nutritional Assessment and Cardio Pulmonary Exercise systems, including Electrocardiographs, Ergometers and Assessment Software. COSMED solutions are aimed for either professional or medical use for many different applications like: Hospital, Clinics, Primary Care, University & Education in Human Physiology, Clinical Nutrition, Commercial Weight Management, Human Performance Centers, Sport Institutions and Health Club Industry. COSMED Headquarters are located in the province of Rome, Italy. COSMED has subsidiaries in the USA, China and Germany, and distributes its products internationally through a constantly growing distributor network covering more than 70 countries.