Eastgate Capital Group Acquires Medicor

Medicor is a medical waste disposal and laundry servicing company in South Korea with a current national market share of close to 40%.The company uses technologically advanced, environmentally sound equipment. In addition, it is expanding into the synergistic business of hospital laundry servicing. Many factors contribute to very strong growth potential for the company. These include; high barriers to entry; industry expansion due to further regulation; Medicor’s undertaking of a medical waste roll-up; and the expansion into laundry.