Permobil aims to strengthen its manual wheelchair portfolio with acquisition of Panthera
In a move to strengthen its product portfolio and competitiveness in the market, Permobil has entered into an agreement to acquire light wheelchair manufacturer, Panthera.
According to Permobil, the acquisition is an important step in its strategy to increase the quality of life for people living with disabilities through an expanded offering to the users.
Panthera has a strong brand and reputation for manufacturing ultra-light active wheelchairs, and like Permobil, it was started by a Swedish entrepreneur.
Bengt Thorsson, CEO and President of Permobil commented: “We are very happy and proud to welcome Panthera to Permobil! Panthera originates from the same values always close to the users and with their needs in focus.
“Panthera’s employees have made a fantastic journey and we look forward to continuing this journey together with them. Panthera´s products strengthen Permobil’s offering in the market with the world’s lightest wheelchairs for active users, alongside our Progeo and TiLite ranges.”
Jalle Jungnell, owner of Panthera added: “It feels very exciting and inspiring to continue our journey together with Permobil. We have the same passion for our users and share the same values. We deliver products and knowledge, which makes everyday life easier for our users who are in focus.
“Both companies are started by Swedish entrepreneurs and have innovation and development as a strong driving force. We see that this will lead to a lot of positives for users around the world!”
The transaction is expected to be completed in early January 2022. The parties have chosen not to disclose the terms of the transaction.
Founded in 1989 by Jalle Jungnell, Panthera states that its goal was, and still is, to build the world’s lightest wheelchair. The company has 100 employees in Sweden and Norway and exports to over 40 countries worldwide. Most of its production takes place in the subsidiary Rollmek AB in Kalmar, Sweden.
Earlier this year, Panthera partnered with modular e-bike tyre producer reTyre to launch a fully detachable tyre tread for wheelchairs.
A leader in healthcare solutions for power and manual wheelchairs, seating and positioning products, and power assist, Permobil recently entered into an agreement with Karma Medical to distribute complementary products from each other’s portfolios in selected markets.https://thiis.co.uk/permobil-aims-to-strength-its-manual-wheelchair-portfolio-with-acquisition-of-panthera/https://i2.wp.com/thiis.co.uk/wp-content/uploads/2021/11/Jalle-Jungnell-Panthera-Bengt-Thorsson-Permobil.jpg?fit=900%2C600&ssl=1https://i2.wp.com/thiis.co.uk/wp-content/uploads/2021/11/Jalle-Jungnell-Panthera-Bengt-Thorsson-Permobil.jpg?resize=150%2C150&ssl=1Mergers & AcquisitionsNewsroomSupplier NewsTrade NewsUncategorisedacquisition,disabilities,manual wheelchairs,Mobility,Panthera,PermobilIn a move to strengthen its product portfolio and competitiveness in the market, Permobil has entered into an agreement to acquire light wheelchair manufacturer, Panthera. According to Permobil, the acquisition is an important step in its strategy to increase the quality of life for people living with disabilities through an...Liane McIvorLiane McIvorliane@thiis.co.ukAdministratorTHIIS Magazine