Drive buys U.K. bed manufacturer
By HME News Staff
Updated Tue January 10, 2017
PORT WASHINGTON, N.Y. - Drive DeVilbiss Healthcare has already kicked off 2017 with an acquisition.
The company announced Jan. 9 that it has acquired Sidhil Group, a U.K. manufacturer of hospital and long-term care beds, pressure prevention products and a range of aids to daily living for the homecare, acute care and long-term care markets in the U.K. and throughout Europe.
“This acquisition will expand Drive's existing manufacturing capabilities in the U.K., while adding significant manufacturing expertise to our European platform,” said Harvey Diamond, CEO of Drive, in a press release.
Sidhil Group has been manufacturing healthcare products in the U.K. for more than 130 years, with a focus on research and development. It currently operates from a state-of-the-art, 105,000-square-foot facility in Halifax, West Yorkshire, and has a nationwide service center network.
For Sidhil Group, which had its start as a small, family-run business, the acquisition allows the company to bring its product line to “new markets the world over,” said Peter Siddall, chairman of the Sidhil Group, in the release.
Drive has already made a number of acquisitions in the bed market, most recently U.K.-based Park House Healthcare in 2015.
Terms of the deal with Sidhil Group were not disclosed.
Comments