Strengthening Permobil’s offer of manual wheelchairs
Permobil has entered into an agreement to acquire Panthera. The acquisition strengthens Permobil’s offer of manual wheelchairs. Panthera’s products complement the product portfolio and strengthen the company’s competitiveness in the market.
The acquisition is an important step in Permobil´s 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, and both were started by Swedish entrepreneurs. The two companies share the same values and focus on the people who use their products.
“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,”says Bengt Thorsson, CEO and President of Permobil.
“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!” says Jalle Jungnell, owner of Panthera.
The transaction is expected to be completed in early January 2022. The parties have chosen not to disclose the terms of the transaction.