Medort to invest in USA

Medort, a Polish medical equipment producer, plans to enter the US market, Puls Biznesu reported on Tuesday. A year ago Medort acquired a German rehabilitation equipment producer Meyra and since then it has been planning to conquer the North American market under Meyra’s brand. Medort aims for American wheelchair producer, New York-listed Invacare, which also produces electronic wheelchairs. Invacare is, however, a tough player on the market. Other companies, including Pride Mobility, Drive Medical and Sunrise medical appear to be easier to acquire. The desired acquisition is planned to be carried out by mid-2015. The process is said to be supported by investment funds, ready to subsidize Medort with €200 million. Currently, the Polish wheelchair producer opens an assembly unit in Kazakhstan and aims to take over a manufacturing plant in India.