Drive expands presence in UK, pediatrics
By HME News Staff
Updated Thu April 2, 2015
PORT WASHINGTON, N.Y. - Drive Medical made two acquisitions this week.
Drive Medical Limited of the U.K., a wholly owned subsidiary of Drive Medical, has acquired U.K.-based Park House Healthcare. Founded in 1984, Park House Healthcare manufactures pressure prevention products, hospital and long-term care beds and transfer equipment, and has more than 25 distributors worldwide.
“The Park House acquisition extends our already significant presence in Europe, providing us with a full line of pressure prevention mattresses to complement Drive's extensive product portfolio,” stated Richard Kolodny, president of Drive Medical, in a press release. “Park House will also expand Drive's footprint into the National Health Service and long-term care markets in the U.K.”
Drive Medical has also acquired Santa Fe Springs, Calif.-based Columbia Medical, expanding the presence of its Wenzelite division in the pediatric market. Columbia Medical's product offerings include wheelchairs, aircraft transfer chairs, bath and shower products, gait trainers and car seats.
“With our recent acquisition of Specialised Orthotic Services (SOS) in the U.K., we believe there will be significant cross-selling and marketing opportunities with Wenzelite, Columbia Medical and SOS in the U.S. and Europe,” stated Drive Medical CEO Harvey Diamond in a release.
Terms of the acquisitions were not disclosed.
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