Acquisitions drive growth

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Elland-based Drive Medical Ltd, manufacturer and distributor of mobility equipment, has experienced significant growth following the acquisition of two companies.

The business recently acquired Specialist Orthotic Services Ltd, manufacturer of seating and mobility products, and Parkhouse Healthcare, supplier of care equipment.

They will more than double staff numbers from 210 in 2014 to 430 in 2015.

Sales have also been boosted from £46.6m to £69.3m, an increase of a third.

The acquisitions will bring new product additions and innovations to Drive Medical Ltd’s product portfolio, which includes respiratory equipment, power operated wheelchairs, personal care products and electrotherapy devices.

Currently, the company has offices and distribution facilities in the US, Canada, the UK, Germany, France, Spain, Romania, Australia, China and Taiwan.

Richard McGleenan, managing director at Drive Medical Ltd, commented: “We are really pleased with the growth that the recent acquisitions have brought to the company, and we are proud to welcome all of the new staff members to the Drive Medical team.”

Drive Medical Ltd is a wholly owned subsidiary of Drive Medical, one of the fastest growing major manufacturers and distributors of durable medical and mobility equipment in the home healthcare, medical/surgical and rehabilitation markets throughout the world.