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Announced

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Hamilton Beach Brands completed the acquisition of HealthBeacon for €7m.

Synopsis

Hamilton Beach Brands, a home appliance company, completed the acquisition of HealthBeacon, a medical technology manufacturer, for €7m. "We expect growth opportunities to be driven by the rapidly evolving development of in-home healthcare management tools, including Remote Therapeutic Monitoring systems. This acquisition combines our trusted brand name and our leadership in innovation, engineering, and product development with HealthBeacon's leadership in digital capabilities and patented technologies. We are very excited to welcome HealthBeacon's outstanding team of highly skilled employees as we work together to scale the HealthBeacon business," Gregory H. Trepp, Hamilton Beach Brands President and CEO,

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