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In Brief: Graham-Field

This article was originally published in The Gray Sheet

Executive Summary

Graham-Field: Acquires custom power wheelchair seating systems manufacturer LaBac Systems for $9.1 mil. in stock, the firm announces June 26. Adding privately held, Denver, Colorado-based LaBac "significantly enhances Graham-Field's manufacturing operations, research and development, and engineering capabilities," stated GF's Irwin Selinger, chairman and CEO, in a June 26 release. The buy also will enable Graham-Field to leverage its North American distribution network to "expand LaBac's presence in the rehabilitation market," Selinger said...
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