Impilo has acquired a majority position in Decon Wheel AB (“Decon”), a developer and producer of high-quality power assist electrical solutions for manual wheelchairs, from its founders, who will continue as minority owners. In parallel with Impilo’s investment into Decon, Decon will acquire its long-term partner, Mobility Products, in the Netherlands.
Decon is paving the way for the European market
Decon strengthens partnership with Mobility Products
June 29, 2023 – Decon and Mobility Products (jointly “Decon Mobility”) will strengthen their long-term partnership, where Decon has acquired Mobility Products.
Decon Mobility is well-positioned to continue addressing the increasing demand for power-assisted electrical solutions for wheelchairs across the European mobility segment, leveraging its high-quality product offering, customer service, and distributor network.
Both Decon and Mobility Products’ management teams will remain intact and continue to operate separately in the respective countries and, through the stronger partnership, secure high-quality power-assisted product offering and best-in-class service for its customers across the European market.
In conjunction with the strengthening of Decon and Mobility Products long-term partnership, Impilo, a Nordic investment company focused on long-term investments in sustainable healthcare companies, has become co-owner alongside the current owners of Decon and Mobility Product.
The parties have agreed not to disclose any transaction details. Closing is expected in early Fall 2023.
For further information, please contact:
Magnus Jakobsson, CEO and founder of Decon, +46 703 498 110, firstname.lastname@example.org
Gerard Westra, CEO of Mobility Products, +31(0)6-46034224, email@example.com
Decon was founded in 1989 in Hyltebruk, Sweden, and has c. 40 employees. Decon develops, assembles and distributes high-quality power-assisted electrical solutions for wheelchairs. Products are manufactured and assembled in Hyltebruk and distributed through a large network of distributors in more than 25 countries. Learn more about Decon at www.decon.se/en/
About Mobility Products
Mobility Products was founded in 2007 in Roden, the Netherlands, and has c. 15 employees. Mobility Products is a distributor of power-assisted electrical solutions for wheelchairs in the Netherlands, with an emerging presence in Germany, Switzerland and Belgium. Learn more about Mobility Products at www.mobilityproducts.nl/