ELYRIA, Ohio–(BUSINESS WIRE)–April 18, 2005–Invacare Corporation (NYSE:IVC) announced today the company has acquired Medical Support Systems Holdings Limited (“MSS”). Terms of the cash purchase are not being disclosed. A United Kingdom-based company with operations in Cardiff, Wales, MSS designs and manufactures high quality, foam pressure-reducing products for the healthcare market. MSS’ products include mattresses, overlays and cushions for both armchairs and wheelchairs.
MSS will continue to operate independently under its existing management team, focused on growing its core business. “We are pleased to have MSS join Invacare and strengthen our European position with its product offerings and market presence,” said A. Malachi Mixon, III, chairman and chief executive officer.
Invacare Corporation (NYSE:IVC), headquartered in Elyria, Ohio, is the global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles. The company has 6,100 associates and markets its products in 80 countries around the world. For more information about the company and our products, visit Invacare’s website at www.invacare.com.
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Invacare Corporation
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Susan Elder, 440-329-6549