ELYRIA, OH and EDISON, NJ – November 11, 2024 – In a landmark move to enhance market  growth, Invacare Holdings Corporation and MIGA Holdings LLC today announced that MIGA  has acquired Invacare’s North American business. 

The acquisition positions Invacare to optimize its operations and accelerate growth in North  America. This move enhances Invacare’s ability to better satisfy its customer needs and further  expand as a market leader in the healthcare mobility space. MIGA Holdings is owned by the same owners as C+A Global, a leading worldwide manufacturer and online retailer of consumer  products, as well as global brands Saris and ZINK. The company has a proven track record of  purchasing, redeveloping and transforming companies across categories through world-class  manufacturing, sales and distribution. 

“We’re excited by the opportunity to expand on Invacare’s well-established foundation of  excellence in both products and people, and to continue delivering on its mission of ‘Making  Life’s Experiences Possible’,” said Chaim Piekarski, CEO of MIGA Holdings LLC. “This aligns  with our strategic approach to seeking out high-potential brands that we not only support, but  truly elevate to achieve new levels of market leadership and growth.” 

“We are confident that this strategic change will be a benefit to both the North American and  European/Asia Pacific businesses of Invacare,” said Geoff Purtill, President and CEO of  Invacare Holdings Corporation. “This transaction not only allows us to concentrate on our core  operations, but also empowers each regional business to focus on the specific needs of the  customers in its dedicated regions. With MIGA’s established presence and proven history of  success in North America, we expect this acquisition to open new opportunities for growth and  improvement in service delivery.”

About Invacare 

Invacare is a pioneer in mobility and healthcare solutions, dedicated to delivering products that  focus on Making Life’s Experiences Possible. The company manufactures and distributes a  broad range of medical devices, supporting individuals across various stages of care. Invacare’s  product offerings include manual wheelchairs, advanced powered wheelchairs, specialized  seating and positioning solutions, therapeutic beds and mattresses, patient lifts and slings, and  daily living aids and personal care products that enhance quality of life. The company sells its  products through home medical equipment providers, retail and e-commerce channels,  residential care operators, distributors, and government health services. For more information, visit www.invacare.com

About MIGA Holdings LLC – Brands 

C+A Global is a world-class brand builder and licensee, driving the innovation and growth of  some of the world’s biggest and most beloved consumer products from HP, Kodak, and more.  With over two decades of experience, C+A Global takes every product in its portfolio to new  levels of success, leveraging targeted insights on trends, state-of-the-art design, logistical and  manufacturing capabilities, and in-depth marketing and tech savvy. For more information, visit www.caglobal.com.  

Saris exists to break down barriers and provide opportunities for all people to fall in love with  the bike. Inclusive thought process is behind everything they do. Through their products, their  people, their partners, and their advocacy efforts – Saris is dedicated to removing the obstacles  that exist between ALL people and their ride. Based in Madison, Wisconsin, Saris proudly  dreams, designs, and builds car racks, indoor bike trainers, and public bike systems. For more  information, visit www.saris.com. 

ZINK offers the only totally ink-free photo solution on the market. The company is a pioneer in  sustainable, affordable inkless printing – delivering the future of photo printing. ZINK’s award winning printing technology embeds all of the color needed for printing an image or text right  into the paper itself. ZINK continues to innovate its paper to maximize quality, sustainability, and  fun, with a state-of-the-art research and development lab in Massachusetts, and manufacturing  facilities in North Carolina, USA. For more information, visit www.zink.com.

Media Contact for Invacare Holdings Corporation:
Leisa Evans
Global Head of Communications
levans@invacare.com 

Media Contact for MIGA Holdings LLC:
Alexa August
Resound Marketing
alexa@resoundmarketing.com