© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Growth for Drive Medical Limited
Posted 17th June 2015

Growth for Drive Medical Limited

Drive Medical Limited, a leading manufacturer and distributor of durable mobility equipment in Europe, has experienced significant growth following the acquisition of two companies.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Growth for Drive Medical Limited
Image

Growth for Drive Medical Limited 

Drive Medical Limited, a leading manufacturer and distributor of durable mobility equipment in Europe, has experienced significant growth following the acquisition of two companies.

The Elland-based business recently acquired Specialist Orthotic Services Limited (SOS) and Parkhouse Healthcare, more than doubling staff numbers from 210 in 2014 to 430 in 2015. Sales have also been boosted from £46.6 million to £69.3 million, an increase of a third.

SOS is an innovative manufacturer and distributor of specialised seating and mobility products. Parkhouse Healthcare is a leading supplier of specialist pressure area care equipment, hospital and community beds, and service and maintenance provisions. The acquisitions will bring new product additions and innovations to Drive Medical Limited’s product portfolio.

Richard McGleenan, managing director at Drive Medical Limited, 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 Limited 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.

About Drive Medical

Drive Medical manufactures a complete line of durable medical equipment including mobility products, beds, bariatric products, wheelchairs, sleep surfaces and pressure prevention products, respiratory equipment, self-assist products, power operated wheelchairs, rehabilitation products, patient room equipment, personal care products and electrotherapy devices.  Currently, the Company has corporate offices and distribution facilities in the United States, Canada, the United Kingdom, Germany, France, Spain, Romania, Australia, China and Taiwan.  The Company markets its products to customers located throughout the United States, Europe, Canada, Mexico, South America, Latin America, the Middle East, Australasia, and Asia.  Drive Medical is one of the fastest growing major manufacturers and distributors of durable medical equipment.  To learn more go to www.drivemedical.co.uk.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
An Influential Figure in M&A
Finance
08/02/2019An Influential Figure in M&A

Lisa Wright has worked in the information industry for 25 years and is an influential figure in M&A through her role at Bureau van Dijk, a Moody’s Analytics company. Recently, we caught up with Lisa who revealed more about the firm, especially following her

Read Full PostRead - Eye Icon
Spotlight on Mike Lord, CEO of Stiltz Home Lifts
News
21/01/2021Spotlight on Mike Lord, CEO of Stiltz Home Lifts

ood leadership has become an utterly crucial variable in business success over the last year. The COVID-19 pandemic has proven to be a baptism of fire for young businesses and challenged established companies to be adaptive and agile in a time defined by uncer

Read Full PostRead - Eye Icon
Investcorp Expands Real Estate Portfolio with Acquisition of Four Residential Properties
Finance
25/03/2015Investcorp Expands Real Estate Portfolio with Acquisition of Four Residential Properties

Investcorp, a leading provider and manager of alternative investment products, today announced that its U.S.-based real estate arm, through separate transactions, has acquired a portfolio of residential properties in the metropolitan areas of Washington, D.C.,

Read Full PostRead - Eye Icon
Why Do Students Pay for Essays?
News
11/01/2023Why Do Students Pay for Essays?

In the Western educational system, including universities in the United States, essays are considered to be one of the most common types of written assignments. Such papers teach high school students to reason, draw conclusions, and make their points of view.

Read Full PostRead - Eye Icon
Five Things to Outsource for Your Business
News
06/01/2023Five Things to Outsource for Your Business

With running a business, there’s a balance between overhead and profit. Your overhead needs to be low enough to maximise profit, but you also need to invest enough back into your company to grow. One method a lot of businesses use to strike this balance is o

Read Full PostRead - Eye Icon
Understanding the Evolving Landscape of Asset Management in the Financial Industry
Finance
18/09/2023Understanding the Evolving Landscape of Asset Management in the Financial Industry

Like most industries, the financial sector has had major evolutions, and asset management plays a huge role. This evolution has reshaped how financial assets are cultivated, optimised, and safeguarded. It has ultimately redefined the relationships between asse

Read Full PostRead - Eye Icon
Revolutionising Medical Training
Innovation
19/02/2021Revolutionising Medical Training

Established in 2017, Fusetec is a cutting-edge additive manufacturing company utilising the latest 3D technologies. Following the firm’s well-deserved success in Acquisition International’s Global Excellence Award 2020, we caught up with CEO Mark Roe to fi

Read Full PostRead - Eye Icon
Venture Capital Dollars Invested in Life Sciences Companies in 2014 at Highest Level Since 2007
Finance
12/03/2015Venture Capital Dollars Invested in Life Sciences Companies in 2014 at Highest Level Since 2007

Venture capitalists invested US$2.8bn in life sciences in the fourth quarter, reaching US$8.6bn in 2014, according to MoneyTree Report from PwC.

Read Full PostRead - Eye Icon
Why a Strong Data Strategy Creates Stronger Acquisitions
M&A
19/05/2026Why a Strong Data Strategy Creates Stronger Acquisitions

Acquisitions are often discussed in terms of valuation, market share, capability, or growth potential. Yet one of the most overlooked factors in determining whether an acquisition succeeds long term, is the quality of the data sitting underneath the business i



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow