Allied Motion acquires Dynamic Controls Group
Allied Motion Technologies Inc. has acquired Dynamic Controls Group, a wholly owned subsidiary of Invacare Corporation, a designer and manufacturer of equipment for the medical mobility and rehabilitation markets.
The transaction was completed on March 7, 2020.
“This acquisition is a clear demonstration of executing the One Allied strategy to provide innovative, fully integrated controlled motion solutions for our customers. Dynamic Controls brings strong leadership and a very experienced electronics and software engineering design team that provides market leading electronic control solutions for the medical mobility and rehabilitation markets. Their product suite and solutions will further strengthen our medical market position around patient mobility and rehabilitation, as well as enable us to further develop higher level solutions with embedded electronics across our other major served markets. Importantly, the acquisition also expands Allied’s Global Electronics Team and provides additional resources which can be leveraged across all our markets,” said Dick Warzala, chairman and CEO.
Matt Monaghan, chairman, president and CEO of Invacare Corporation said, “We believe closer integration of Allied Motions’ electromotive technologies with Dynamic Controls electronic control capabilities will help us accelerate technical advances in power wheelchairs. We expect this partnership can deliver on many opportunities that will enable Invacare’s products to continue to improve patient care. We look forward to working closely with Allied Motion to discover new levels of innovation in patient mobility and respiration.”
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