HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES ACQUISITION OF HEALTHBEACON PLC
GLEN ALLEN, Va., Feb. 5, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that through its Hamilton Beach Health subsidiary it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company.
- GLEN ALLEN, Va., Feb. 5, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that through its Hamilton Beach Health subsidiary it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company.
- Gregory H. Trepp, president and chief executive officer of Hamilton Beach Brands Holding Company, said, "This acquisition is a key step in support of our strategic initiative to expand in the fast-growing home health and wellness market, and it strengthens our participation in the home medical category.
- Drawing on decades of experience as a trusted resource in the home, in 2021 we created the Hamilton Beach Health® brand.
- Rob George, who has been serving as Vice President of Corporate Development and Strategy for Hamilton Beach Brands, focusing principally on the home medical market, has been named Global General Manager, Hamilton Beach Health to drive global expansion of this business.