Invacare has just released it’s Q4 and 2010 report. Notable is the adjusted earnings per share double digit growth for 3 years running and the companies new strategic focus on operating as a global, as opposed to regional player in the world homecare and mobility business. Invacare also hints at possibly making acquisitions in 2011. [...]
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KCI Enters $220 Million US Patient Handling Market
Kinetic Concepts (KCI) has acquired Technimotion Medical to expand it’s patient handling business in the US (coming to Europe anytime soon?). The acquisition of these assets puts KCI into the patient lift and patient transfer business. KCI to Expand Product Portfolio Through Acquisition of TechniMotion™ Patient Handling Technologies | Business Wire.
Arab Health 2011 – A Reminder
If you have not already done so you should mark the following dates in your schedule – that is if you are interested in attending the largest healthcare event in the middle east. 4 – 27 January 2011 Dubai International Convention & Exhibition Centre via Arab Health – Where the healthcare world comes to do [...]
Dutch Competition Authority NMa provides clearance for acquisition of Handicare – Handicare International
Dutch Competition Authority NMa provides clearance for acquisition of HandicareFollowing the announcement of the anticipated acquisition of Handicare by Nordic Capital Fund VII in June 2010, the Dutch Competition Authority NMa initiated an investigation, because of another Nordic Capital Fund’s holding in power wheelchair manufacturer Permobil. Although Handicare and Permobil are two independent companies and [...]
Welzorg Netherlands Acquired By Louwman Group
Welzorg, one of the largest homecare providers in the Netherlands has been acquired by Dutch family company investors Louwman Group. Louwman, primarily known in the auto business acquired Welzorg from their former owner IK Investment Partners. Welzorg, together with rival Harting Bank are the largest competitors in this space in Holland and it will be [...]
Prediction: Significant Changes Coming To The Mobility Aids Business In The UK
The Office Of Fair Trading (OFT) in the United Kingdom (UK) has announced that they are going to conduct a study into the mobility aids market in the UK. The OFT is a governmental organization which has the power to bring significant change to ensure “fair trading”. This includes wide ranging powers from making recommendations on marketplace [...]
Gerald B. Blouch Named CEO Of Invacare
Gerry Blouch has been named CEO of Invacare, the largest publicly traded mobility company in the world. Mal Mixon, former CEO will continue in the role of Chairman of the Invacare board. Invacare took the opportunity of also announcing a new functional global re-organization headed up by senior executives responsible for commercial operations, supply chain, product development [...]
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