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In Brief: Sunrise Medical

This article was originally published in The Gray Sheet

Executive Summary

Sunrise Medical: Will form "new, free-standing division" July 1 following a split of its consumer products business from its Bio Clinic division. The new division, Atlanta-based Comfort Clinic, will specialize in "therapeutic comfort sleep products sold to retail mass merchants and department stores," according to Sunrise. After the split, Ontario, California-based Bio Clinic will focus "exclusively on air flotation specialty beds and medical foam products sold to hospitals, nursing homes, and home care providers." Sunrise estimates revenues for Bio Clinic at more than $125 mil. annually, "with the consumer business contributing $70 mil."...
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