DME maker Drive Medical has acquired Dupont, a manufacturer and distributor of healthcare products that is headquartered in Frouard, France.
Founded more than 150 years ago, Dupont Medical is a premier healthcare brand in France and Europe, with a wide range of products marketed and distributed to approximately 2,000 businesses throughout Europe. The French company manufactures and distributes a full range of home healthcare products, including wheelchairs, homecare beds, patient lifts and technical aids, under the Mobily, Samery and Adage brands.
Dupont Medical also manufactures and distributes various diagnostic devices, emergency equipment and medical instruments for doctors, nurses and other healthcare professionals under the Colson and Healthy brands.
The French medical equipment maker has launched a wide range of innovative products and continually invests in research and development to bring new products and solutions to markets throughout Europe.
Pierrick Haan, Dupont’s current chairman and president, will continue in his current role.
“We are delighted to align ourselves with a company such as Drive Medical, which has become one of the most rapidly growing manufacturers and distributors in the healthcare industry,” Haan said in a public statement. “With Drive’s resources and capabilities, I am confident that Dupont Medical will continue to thrive in the French and European markets through access to a wider range of products, new distribution channels, and a commitment to unparalleled customer satisfaction. Moreover, Drive Medical will help distribute Dupont’s manufactured product lines across new distribution channels throughout Europe.”
“This acquisition provides Drive Medical with a significant presence in France, and expands our presence in Europe,” said Harvey Diamond, chairman of the board and chief executive of Drive Medical. “We are excited to have Dupont Medical as part of the Drive family of companies, and we will continue to expand the reach of Dupont Medical in France and throughout Europe. With the acquisition of Dupont Medical, Drive Medical has acquired a seasoned management team under the leadership of Pierrick Haan. ”
The move will help Drive expand its presence in the European marketplace, alongside its growing operations in the United Kingdom and Germany according to Richard Kolodny, the President of Drive Medical.
“Dupont will enhance Drive’s position as a global manufacturer and distributor of durable medical equipment while providing increased manufacturing capacity in Europe and expanding our diversified design capabilities,” Kolodny said. “We intend to expand the product offering of Dupont Medical by surrounding it with our extensive product portfolio, and utilizing Dupont Medical’s existing distribution channels in France and throughout Europe to grow Drive’s presence there.”
Terms of the acquisition were not disclosed.