Announced

Completed

Nordstjernan-backed Etac completed the acquisition of Klaxon.

Synopsis

Nordstjernan-backed Etac, an innovative assistive devices and patient-handling equipment developer, completed the acquisition of Klaxon, a mobility solutions provider. Financial terms were not disclosed. “We are excited to welcome Klaxon to the Etac family. We share the same values and have a common passion for challenging old conventions and developing innovative solutions for mobility and independence. Klaxon’s high-quality and well-designed range of products fits perfectly with our Etac and Ki wheelchairs and enables us to provide a complete solution for wheelchair users. Klaxon with its team also adds a strong digital competence which together with our long and extensive experience in wheelchairs and assistive devices will pave the way for future innovation,” Michael Wirzberger, Etac CEO.

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