Drive Medical (Port Washington, NY) completed its acquisition of DeVilbiss Healthcare (Somerset, PA) effective July 2, 2015. DeVilbiss is a global manufacturer of respiratory and sleep products distributed in more than 80 countries. In the short term, Drive and DeVilbiss will operate independently. Upon completion of the companies’ North American integration, the new company will be known as Drive DeVilbiss Healthcare Inc. In the rest of the world, Drive and DeVilbiss will continue to operate as independent entities. Terms of the transaction were not disclosed.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.