Drive Medical Update On Devilbiss Integration Plans

PORT WASHINGTION, N.Y. (August 14, 2015)—Drive Medical announced today that it has completed a significant portion of its restructuring plan to integrate DeVilbiss Healthcare into Drive. Combined, the organizations have over 2,000 employees worldwide and distribute their products in over80 countries.

In July, 2015, Drive, a growing manufacturer of durable medical equipment, acquired DeVilbiss, a valued brand in the respiratory and sleep categories in the health care industry. Drive and DeVilbiss will continue to operate independently until the two companies are seamlessly integrated in the Americas. Upon completion of the integration, which is expected to be completed by the end of October, 2015, the new company will be known as Drive DeVilbiss Healthcare, Inc. In the rest of the world, Drive and DeVilbiss will continue to operate as independent entities.

“The plan from the beginning was to bring together the best and brightest talent from both organizations and to return the DeVilbiss brand to the leadership position it once held,” stated Harvey P. Diamond, Chief Executive Officer of Drive. “Over the next few months, we will be focused on the operational aspects of the integration plan with a renewed focus on innovation and the development of new products. We will continue to apprise our business partners of our integration progress and timing,” added Diamond.

Once the two companies are integrated in the Americas, customers will be able to seamlessly order both Drive and DeVilbiss products together on one purchase order, through a centralized customer service support center, with distribution from a single location, according to a Company spokesperson.

Visit drivemedical.com for more information.