Breas Medical said today that it paid an unspecified amount for B&D Electromedical, the U.K.’s sole ventilator maker.
Today Breas said it plans to add B&D’s Nippy brand of ventilators to its stable of home respiratory ventilators and sleep apnea products. B&D’s founders will stay on "to continue delivering first class customer service" and develop new products, according to a press release.
"Breas and B&D are a great fit and we look forward to working with the Breas team to build on the strong NIPPY brand that we helped create," co-founder Peter Bachelor said in prepared remarks.
"We have known and respected B&D for many years. Our two companies started at nearly the same time and each grew thanks to customer focused innovation, quality products, passion for our customers and patients, as well as an entrepreneurial spirit," added Breas president & CEO Nicke Svanvik. "We will continue to grow as a combined business under those same core values. Furthermore, our Breas customers in the UK can now benefit from our expanded capabilities and B&D’s excellent customer support and service."