Here are four things to know.
- Völker serves as the primary hospital and long-term bed supplier for the European healthcare market.
- The company, which Hill-Rom acquired in 2012, generated $40 million in annual revenue for 2016.
- The unnamed CoBe affiliate will take over Völker’s operations and employees at its German headquarters.
- Financial terms of the deal — expected to close in the fourth quarter of Hill-Rom’s financial year — were not disclosed.
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