© 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
Beacon for Biotech Success!
Leadership
08/04/2021Beacon for Biotech Success!

Science is moving at a remarkable rate, and no area more so than that of Biotech. This branch of the applied sciences sees specialists harnessing the potential that nature has to offer to benefit mankind. A leader is in this research is the team at Dyna Biotec

Read Full PostRead - Eye Icon
Hungary and EBRD Acquire Minority Stakes in Erste Bank Hungary Zrt
M&A
20/06/2016Hungary and EBRD Acquire Minority Stakes in Erste Bank Hungary Zrt

Hungary, represented by state-owned entity Corvinus Zrt. in the transaction, and the European Bank for Reconstruction and Development (EBRD) today signed the contractual framework with Erste Group Bank AG (Erste Group) to acquire minority equity stakes of 15 p

Read Full PostRead - Eye Icon
GDPR: What you need to know
Finance
28/03/2018GDPR: What you need to know

From 25 May 2018 the Data Protection Act 1998 (DPA) will be replaced by The General Data Protection Regulation (GDPR), and it will bring important changes to the ways data is stored and processed by businesses.

Read Full PostRead - Eye Icon
How Much Will Bitcoin Be Worth in 2030
Finance
12/11/2021How Much Will Bitcoin Be Worth in 2030

In the next few years, one of the hottest commodities on the planet will be bitcoins. This will be an interesting topic for discussion when you read this: How much will bitcoins worth in 2030 report that was written by traders and investors.

Read Full PostRead - Eye Icon
Professional Negligence in the UK
Finance
08/06/2016Professional Negligence in the UK

Wixted & Co are a firm of solicitors who specialise in pursuing claims for professional negligence against financial advisers, accountants, surveyors and other professional advisers.

Read Full PostRead - Eye Icon
Not Losing Interest
Finance
13/02/2017Not Losing Interest

Cavmont Bank Ltd’s vision is to be a world class bank rated amongst the best in Zambia with a focus on partnering with all their stakeholders. Following their success in winning the 2016 Banker of the Year Zambia

Read Full PostRead - Eye Icon
CEO of the Month: India
Leadership
01/07/2016CEO of the Month: India

SpiceJet, India’s favourite domestic airline, provide low-cost flights to 41 cities across India and international destinations. Working at the helm of this highly successful company is Chairman and Managing Director (CMD).

Read Full PostRead - Eye Icon
Cryptocurrency Trends for 2022
Finance
19/01/2022Cryptocurrency Trends for 2022

While the crypto market has experienced an incredibly volatile year, it has also seen significant price hikes and sustained growth over the course of the previous 12 months.

Read Full PostRead - Eye Icon
The Future of  Financial Markets
Finance
01/07/2017The Future of Financial Markets

Thomson Reuters Corporation (Thomson Reuters) is a provider of news and information for professional markets and recently won the 2017 Business Elite from Switzerland award, after which we invited them to profile their varied work in the field of financial mar



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