Hanger to Acquire Numotion in Cash Transaction to Create "Hanger Numotion" Under Patient Square Capital
Hanger, a major orthotics and prosthetics provider, has announced plans to acquire Numotion, a leading supplier of complex rehabilitation technology and power wheelchairs, in an all-cash deal. The combined company will operate as Hanger Numotion under the ownership of Patient Square Capital. This merger would create a significant player in the rehabilitation and assistive technology space, potentially affecting access and services for patients who rely on these devices.
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