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Healthcare | Private Equity

Winncare Group has acquired Mangar Health

Winncare Group, a medical equipment manufacturer, has acquired Mangar Health, an inflatable lifting and bathing device manufacturer and supplier. Financial details have not been disclosed.

Winncare is a medical device producer specialized in the design, manufacturing and supply of medical equipment and services for dependent and elderly people. The company's products include mattresses addressing all types of pressure sore risks, cushions and positioning accessories for the prevention and treatment of pressure sores, medical beds and other medical equipment such as lifts, trolleys and handicap management products. The group manufactures its products in five facilities in France, Spain, Nordic countries, Poland and Tunisia. Winncare benefits from a strong R&D team collaborating with top-ranking medical research institutions, allowing the company to offer a unique medical value proposition to patients and medical staff.

The acquisition of Mangar Health will now see Winncare continue its European growth ambitions, providing the ability to service new healthcare markets such as emergency services, whilst also benefiting from the British manufacturer’s international distribution network in America, Canada and Australia. Additionally, the purchase will allow Winncare to fast-track entry into UK markets where Mangar has established relationships with care providers, local authorities, ambulance services and care homes.

Mangar Health designs, manufactures and supplies inflatable bathing and lifting devices, which protect carers from injury and promote independence for people with limited mobility. With a global reach into America, Canada and Australia, Mangar Health also offers a wide international distribution network and additional opportunities in healthcare markets such as emergency services.

Oaklins’ team in France advised Winncare and IDI in the design and execution of their external growth strategy. With the help of Oaklins’ teams around the world, more that 50 targets were identified. Oaklins Smith & Williamson, based in the UK, introduced Mangar Health.

Parties

Talk to the deal team

Armelle Brossard Laborderie

Partner
Lyon, France
Oaklins France

Stuart Goodman

Partner
London, United Kingdom
Oaklins Evelyn Partners

Brian Livingston

Managing Director
London, United Kingdom
Oaklins Evelyn Partners

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