Batesville Herald Tribune, Batesville, Indiana

Business

February 16, 2012

Hill-Rom completes $85 million acquisition

CNHI

BATESVILLE — Hill-Rom Holdings, Inc. , Batesville,  announced that it has completed its $85 million purchase of Germany-based Volker group, according to the company's Web site.

"The combined strength of Hill-Rom and Volker in innovation, product portfolio and operational excellence further develops our company's leadership position in key markets," said John J. Greisch, President and CEO of Hill-Rom. "This is an important milestone and will enable us to expand the presence of our exceptional products to an even greater number of patients and caregivers globally."

The completed transaction is expected to strengthen Hill-Rom's channels and product offerings in Europe and around the world, the release added.

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