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Allied Motion Acquires Subsidiary of Invacare Corporation

Dynamic Controls Group's electronic control capabilities will help Allied accelerate technical advances in power wheelchairs.
The hi-technology material handing process in by robotics system. The modern technology for automatic packaging process control by computer system.

Motion control manufacturer Allied Motion Technologies Inc. (NASDAQ: AMOT), Amherst, New York, 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. Terms of the transaction were not disclosed.

“This acquisition is a clear demonstration of executing the One Allied strategy to provide innovative, fully integrated controlled motion solutions for our customers.” said Dick Warzala, chairman and CEO. “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.”

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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