Premier, Inc. (PINC), a technology-driven healthcare improvement company, announced Tuesday it has entered into a partnership with Prestige Ameritech, Ltd., a manufacturer of personal protective equipment (PPE).
Pursuant to the partnership agreement, Premier exchanged all its holdings in the S2S Global business, its direct sourcing subsidiary, for a 20 percent minority interest in Prestige.
This new ownership interest is in addition to an existing indirect investment that Premier made in the company in 2020, increasing Premier's total ownership (direct and indirect) interest in Prestige to approximately 24.2 percent in the aggregate.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.