Etac significantly broadens its mobility product offering with acquisition of Ki Mobility
Scandinavian mobility manufacturer Etac has completed the acquisition of paediatric wheelchair manufacturer Ki Mobility.
Etac, which has its head office in Sweden, is a developer and provider of ergonomic assistive devices and patient handling equipment, while North American-based Ki Mobility specialises in complex manual rehab wheelchairs and seating.
The acquisition makes it possible for Etac to provide a significantly broader product offering of complex manual rehab wheelchairs, seating and pediatric assistive devices.
Michael Wirzberger, CEO of Etac, commented: “We are delighted to welcome Ki Mobility into the Etac family.
“We have known Ki Mobility for several years and have first-hand experience of their high-quality products and services as a distributor for Ki Mobility in Norway.
“We share the same values and have a common passion for product innovation that improves quality of life, and I am confident that Ki Mobility with its experienced management team, highly skilled employees, innovative products and excellent services fits perfectly with Etac.
“Our vision is to become a global leader within complex manual rehab technology and patient handling and the acquisition of Ki Mobility is an important step in that direction.”
Ki Mobility was founded in 2005 by Doug Munsey and Murray Slagerman in Wisconsin, who had a vision of designing a lightweight folding wheelchair that responds like a rigid wheelchair.
Since then, Ki Mobility has launched successful products in almost every segment of complex manual rehab wheelchairs, distributing in 57 countries globally.
Last year, Ki Mobility took back control of its product sales and support in the UK from James Leckey Design, and went on to hire a UK sales team, marketing coordinator and UK-based customer service representative.
Doug Munsey commented that he was pleased that Ki Mobility is joining Etac as the two companies have a “common passion” for creating possibilities for individuals in need of complex rehab technology.
He added: “I look forward to continuing the development of Ki Mobility products within Etac and to combine and leverage our strengths in Etac’s new North American mobility organization.”
The shares in Ki Mobility were transferred to Etac on September 23rd and the parties have agreed not to disclose the terms of the transaction.