Divestiture • Retail

Savaria Acquires Shoppers Home Health Care - Automotive Division

On April 6, 2016, Savaria acquired retailer Shoppers Home Health Care - Automotive Division from Shoppers Home Health Care

Acquisition Context
  • This is Savaria’s 1st transaction in the Retail sector.
  • This is Savaria’s 4th transaction in Canada.
  • This is Savaria’s 4th transaction in Ontario.

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M&A Deal Summary

Date April 6, 2016
Target Shoppers Home Health Care - Automotive Division
Sector Retail
Buyer(s) Savaria
Sellers(s) Shoppers Home Health Care
Deal Type Divestiture

Target Company

Shoppers Home Health Care - Automotive Division

Toronto, Ontario, Canada
Shoppers Home Health Care (Canada), Inc. - Automotive Division is a retailer of automotive products in US.
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Buyer Overview 1

Buyer

Savaria

Laval, Quebec, Canada

Category Company
Founded 1979
Sector Machinery
Employees1,400
Revenue 374M CAD (2019)
DESCRIPTION

Savaria Corp. is a designer, manufacturer, distributor and installs primarily elevators for home and commercial use, as well as stairlifts and vertical and inclined platform lifts. Savaria has built thousands of lifts and elevators used around the world to help improve access for wheelchair users and other mobility challenged people in the home and in public spaces. Savaria was founded in 1979 and is based in Laval, Canada.


Deal Context for Buyer #
Overall 4 of 10
Sector: Retail 1 of 1
Type: Divestiture 1 of 2
State: Ontario 4 of 4
Country: Canada 4 of 5
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-05 Freedom Motors

Oakville, Ontario, Canada

Freedom Motors specializing in the conversion of minivans for people with disabilities. Company offer personal-use and commercial vehicles; rear-entry, side-entry and dual-entry models; and the ability to provide conversions for a wide range of models offered by major mini-van manufacturers in both the new and used vehicle markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Premier Lifts

Timonium, Maryland, United States

Premier Lifts, Inc. is a provider in the design, installation and service of residential elevators, stairway chairs, dumbwaiters and wheelchair lifts.

Buy $4M

Seller Profile 1

SELLER

Shoppers Home Health Care

Toronto, Ontario, Canada

Category Company
Founded 1983
Sector Retail
DESCRIPTION

Shoppers Home Health Care (Canada), Inc. is a retailer of wheelchair van conversions and mobility adaptation for vehicles.


Deal Context for Seller #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2016 1 of 1

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