Invacare acquires Aussie firm

Monday, February 28, 2005

ELYRIA, Ohio - Invacare turned its attention Down Under in January and acquired Australian Healthcare Equipment (AHE).

AHE, which runs operations in Sydney and Melbourne, designs and manufactures beds, related furniture and pressure care for home care and non-acute institutional care. AHE currently markets three well-know Australian brands, Murphy Furniture, Hedicare and Bosshard Medical. Terms of the cash purchase were not disclosed.