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Drive Medical, SP Industries make acquisitions

July 3, 2014HME News Staff

YARMOUTH, Maine - The HME industry saw a spurt of M&A activity this week, with Drive Medical buying Medquip, and SP Industries buying Bel-Art Products, the parent company of Maddak. Drive Medical becomes well equipped Port Washington, N.Y.-based Drive Medical says the acquisition of Medquip positions it as a leader in the nebulizer and respiratory disposable product categories. Bluffton, S.C.-based Medquip is best known for its Airial line of pediatric nebulizers, according to a press release. “Drive...

Bel-Art Products, Medquip, SP Industries

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