Permobil to acquire Progeo, a leading Italian manufacturer of manual wheelchairs
Permobil has entered into an agreement to acquire Progeo. With this acquisition Permobil strengthens its presence in the Italian market while improving its portfolio of manual wheelchairs in Europe.
“With the acquisition of Progeo, Permobil significantly increases its presence in the manual wheelchair segment in Europe. Progeo´s products will be available to users in more countries at the same time as this deal increases the possibility to offer Permobil´s product range in Italy,“ says Bengt Thorsson, CEO of Permobil. “I’m proud to welcome Progeo, with their expertise within complex rehab and unique wheelchairs designed to represent the personality of the users, to Permobil. This is an important step in our overall strategy of developing the next generation of advanced assistive technology and services for individuals.
Read the press release here.