M&A Deal Summary

Sumitomo Acquires ActivStyle

On May 7, 2025, Sumitomo acquired distribution company ActivStyle from AdaptHealth

Acquisition Highlights
  • This is Sumitomo’s 5th transaction in the Distribution sector.
  • This is Sumitomo’s 15th transaction in the United States.
  • This is Sumitomo’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2025-05-07
Target ActivStyle
Sector Distribution
Buyer(s) Sumitomo
Sellers(s) AdaptHealth
Deal Type Divestiture

Target

ActivStyle

Minneapolis, Minnesota, United States
ActivStyle is a distributor of medical supplies and specializes in incontinence products. The company offers a wide array of incontinence and related products, fast shipment, monthly recurring home delivery, and customer service that makes life easier for home care patients and caregivers. ActivStyle was founded in 1996 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Sumitomo

Tokyo, Japan

Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.


DEAL STATS #
Overall 48 of 48
Sector: Distribution M&A 5 of 5
Type: Divestiture M&A Deals 4 of 4
State: Minnesota M&A 1 of 1
Country: United States M&A 15 of 15
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-24 Werner Aero

Mahwah, New Jersey, United States

Werner Aero specializes in procuring, dismantling, and selling retired aircraft and their components. Werner Aero was founded in 1993 and is based in Mahwah, New Jersey.

Buy -

Seller(S) 1

SELLER

AdaptHealth

Plymouth Meeting, Pennsylvania, United States

Category Company
Founded 2012
Sector Medical Products
Employees10,700
Revenue 3.3B USD (2024)
DESCRIPTION

AdaptHealth is a provider of home healthcare equipment, medical supplies to the home and related services. AdaptHealth provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to life, and thrive. Product and services offerings include (i) sleep therapy equipment, supplies and related services (including CPAP and bi PAP services) to individuals suffering from obstructive sleep apnea, (ii) home medical equipment (HME) to patients discharged from acute care and other facilities, (iii) oxygen and related chronic therapy services in the home, and (iv) other HME medical devices and supplies on behalf of chronically ill patients with diabetes care, wound care, urological, ostomy and nutritional supply needs. AdaptHealth was founded in 2012 is based in Plymouth Meeting, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 OxygenWorks

Merion Station, Pennsylvania, United States

OxygenWorks provides a broad spectrum of respiratory equipment and supplies to patients in Pennsylvania, Delaware and New Jersey.

Buy -