Medical-products company has new owner, CEO

A Clifton company that manufactures stainless steel products for the health care industry has a new owner and CEO, it announced Tuesday.

Blickman Industries, which provides medical equipment to hospitals, doctors offices and surgical centers, has been purchased by Anthony Lorenzo, a financial specialist who will now lead the company’s strategic direction as CEO.

“I am very excited to be joining the Blickman family,” he said in a prepared statement. “I am impressed with the solid history, quality of the products and the strong reputation of the Blickman brand. As a member of the advisory board at Johns Hopkins School of Nursing, I have seen firsthand how patient experiences can be meaningfully enhanced with simple, but elegant solutions to improve quality of care.”

Lorenzo has worked in senior roles with companies including Morgan Stanley, Citadel Investment Group and the Royal Bank of Canada, according to the company.

“I have invested in hundreds of large public companies during my career in asset management, and decided it was time to take everything I learned during my 20-year investment career and apply it to Blickman,” he said.

Blickman has been in business since 1889.

“At this stage, Blickman has a tremendous amount of potential for long-term growth,” Lorenzo said. “Our plan is to build from our established reputation and innovative product portfolio to continue to provide our customers with state-of-the-art products and services that are safe, reliable and reasonably priced.”