Announced
Completed
Synopsis
Direct Healthcare Group, a medical device manufacturer, completed the acquisition of the raizer product line of Liftup, a machinery manufacturer. Financial terms were not disclosed. “Raizer is a highly innovative, clinically effective solution for safely lifting a fallen patient, minimising the deleterious effects that this unfortunate experience can have on an individual. We are excited by the opportunity we have to bring such an innovative product to more people and in more geographies. The acquisition of Raizer continues to position DHG as a forward-thinking leader in delivering holistic care packages that focus on improving mobility and reducing the avoidable harms that can occur as a result of immobility, in particular those associated with long-lie times as a result of a fall,” Graham Ewart, DHG CEO.
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