Drive Medical to Acquire Dr. K International
Port Washington, N.Y.
Drive Medical has agreed to acquire Los Angeles manufacturer Dr.
K International Trading Co. This acquisition represents the fourth
over the past two years.
The company's President and CEO Harvey Diamond said the
acquisition “will enhance our presence throughout the United
States by providing greater distribution capabilities on the West
Coast, and a complementary product line to our existing product
Drive will continue to manufacture the existing product lines
for both companies, including wheelchairs, hospital beds, bath
safety products, ambulatory aids, respiratory equipment and
Dr. K principals Ara Karamanoukian and Michael Serhan will join
Drive's executive management team.
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