Views: 0 Author: Site Editor Publish Time: 2021-11-11 Origin: Site
Cofoe Medical Technology Co., Ltd. Acquired Jerry Medical as its Subsidiary
Cofoe Medical Technology Co.Ltd ( stock symbol:301087) announced on Monday (8th Nov 2021) it has successfully acquired Jerry Medical with 54.0539% share by cash RMB 50,270,162.
Jerry Medical is one of the leading power and manual wheelchair manufacturers in China, products were exported to more than 40 countries and regions,
which previously is also one of the biggest DME supplier of Cofoe for domestic market.
This successful deal will help fill group’s gap on DME category’s manufacturing, especially wheelchair and scooter, it will also accelerate Cofoe's position in this specific field.
Cofoe is committed to use its R&D advantage to design more mid and high-end DME products to serve more worldwide customers.