Ventec Life Systems, Inc. agreed to acquire Assets of the Invacare Respiratory Product line from Invacare Corporation (OTCPK:IVCR.Q) for $11.9 million on January 27, 2023. The purchase was payable in cash at closing. McDonald Hopkins, LLC acted as legal advisor to Invacare. K&L Gates, LLP acted as legal advisor to Ventec Life Systems in the transaction.

Ventec Life Systems, Inc. completed the acquisition of Assets of the Invacare Respiratory Product line from Invacare Corporation (OTCPK:IVCR.Q) on January 30, 2023.