CDR-backed Drive DeVilbiss acquires AMG Medical brands
The Canadian affiliate of Drive DeVilbiss Healthcare has acquired the mobility and bathroom safety brand business of AMG Medical, a Montréal maker of home healthcare and medical professional products. No financial terms were disclosed. The brands, Hugo, Profilio, AquaSense and Airgo, are distributed to wholesalers, pharmacies and home care dealers across Canada. Drive DeVilbiss, a U.S. manufacturer of medical products, said the deal will enhance its portfolio and market position in Canada. In August, Drive DeVilbiss agreed to receive an undisclosed investment from U.S. private equity firm Clayton, Dubilier & Rice.
18 October 2016•3 mins read
