Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Apr. 17, 7:26 PM
Slide #67. Savaria Corporation — Dumbwaiter and Material Lift Assets of D.A. Matot, Inc.
Acquirer: |
Savaria Corporation (TSE:SIS.CA) |
Acquiree: |
Dumbwaiter and Material Lift Assets of D.A. Matot, Inc. |
Details: |
Savaria Corporation ("Savaria") (TSX:SIS.CA) a global leader in the accessibility industry, today announced it has acquired all the dumbwaiter and material lift assets of D.A. Matot, Inc. ("Matot"). |
Savaria is engaged in providing solutions for the elderly and physically challenged. Co. designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a selection of pressure management products for the medical market, medical beds for the long-term care market, as well as a line of medical equipment and solutions for the safe handling of patients, such as transfer, lifting and repositioning aids. Co. manages its operations under three operating segments: Accessibility, Patient Care and Adapted Vehicles.
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April 17, 2024 7:26 PM Eastern
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