Etac acquires Convaid
Stockholm, Sweden, date: 21 December, 2015
Etac Group CEO Torben Helbo comments on the acquisition:
“Convaid is a very well-known and respected brand, with strengths in design, manufacturing and marketing of pediatric products which fulfill a clear niche in the mobility market. Combined with our existing R82 offering, we strengthen our ability to meet the needs of the pediatric population.”
Convaid and it’s 140 employees will become part of Etac’s Business Unit “Junior”, where Senior VP and CEO of R82 Jan Ellegaard comments:
“We are very pleased to welcome Convaid to our group. With their range of innovative mobility products we complete our existing portfolio. Our combined geographical footprint in North America provides very strong coverage and thus ability to serve customers and end users even better. Internationally, we will leverage the strong R82 distribution network to accelerate the export business of Convaid and provide these fantastic products to more children around the world”.
Convaid’s President Chris Braun said, “We are extremely pleased with this opportunity. Etac is known for its high quality, safety, design and vision to put the customer first. These are shared pillars of our companies’ cultures and we also share the mission of improving the lives of children with special needs and the families around these children. This is absolutely a great fit for Convaid and Etac, and together we form a very strong platform in the world of pediatrics”.
About Etac and R82
For more than forty years, Etac has developed products and services, which create possibilities for users and caregivers. Today Etac offers a wide range of solutions for mobility with manual wheelchairs, advanced seating, patient transfer and bathing and toilet. Etac markets their products under the Etac, Molift, Immedia and R82 brands.
R82 was founded in 1982 and has since grown to be a truly global supplier of high quality aids for children and teenagers with special needs. With a range of products in seating, standing, walking, transportation, bath and toilet, R82 offers solutions for almost any situation in a disabled child’s life.
Etac and R82 operates sales companies in Sweden, Norway, Denmark, Germany, the Netherlands, the United Kingdom, Australia and the United States. Furthermore, Etac and R82 has an extensive network of distributors in 40 other markets around the world.
Convaid was founded in 1976 in California. The first patented folding wheelchair was called the “Cruiser.” The name “Convaid” comes from “convalescent aids”. Since then the company has grown to become a leader in the high-performance, lightweight, easy-to-use and attractive mobility products market for all stages of a young person's life, from infancy to young adulthood.
For further information please contact:
Torben Helbo, Group CEO, Etac AB
E-mail: firstname.lastname@example.org, mobile: (+45) 4072 4880
Jan Ellegaard, CEO R82 A/S, SVP Etac AB
E-mail: email@example.com, mobile: (+45) 2835 8066
Chris Braun, President, Convaid Products Inc.
E-mail: firstname.lastname@example.org, tel: (+1) 310-755-6102