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New Deal


Announced

Completed

Etac completed the acquisition of Ki Mobility.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Single Bidder

wheelchairs

Friendly

Cross Border

Medical Equipment

Private

Majority

United States

Synopsis

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Etac, a developer and provider of ergonomic assistive devices and patient handling equipment, completed the acquisition of Ki Mobility, a provider of wheelchairs and seating in North America. Financial terms were not disclosed. "We are delighted to welcome Ki Mobility into the Etac family. We have known Ki Mobility for several years and have firsthand experience of their high-quality products and services as a distributor for Ki Mobility in Norway. We share the same values and have a common passion for product innovation that improves quality of life, and I am confident that Ki Mobility with its experienced management team, highly skilled employees, innovative products and excellent services fits perfectly with Etac," Michael Wirzberger, Etac CEO.

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