Handicare buys Prism Medical
KISTA, Sweden – Handicare has acquired Prism Medical, a patient handling company located in Toronto and St. Louis. Prism, which employs 250, expects to have revenues of about $50 million in 2016. “The new combined product portfolio and sales network will put Handicare in a top tier position in North America,” the company stated in a press release. The combined product portfolio will be available to both Handicare and Prism customers later in 2016. Prism manufactures a broad range of products, including ceiling lifts, portable ceiling lifts, floor lifts, and other ancillary patient handling products. Charley Wallace will assume the role of president and CEO of Handicare North America and Ross Scavuzzo will continue as president of Handicare Canada.