Performance Health
Press Release
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Performance Health Announces Acquisition of Sissel France, a Leading Care Equipment and Well-Being Product Distributor in France.
WARRENVILLE, ILLINOIS, September 6, 2023
Performance Health is excited to announce the acquisition of Sissel France, a premier distributor of consumer and professional products in France. With a legacy spanning over 30 years in the medical and paramedical product market, Sissel France’s distinct brands and products align with Performance Health's mission to help people feel good, perform better, and live their best lives.
“The acquisition of Sissel marks a strategic expansion of our product offerings in France and signifies the growth of our family of brands. It cements our presence in the industry, broadening our customer base and market reach,” said Greg Nulty, Chief Executive Officer. “Combining the strengths of Performance Health and Sissel France, unlocks growth opportunities, building upon the solid foundation of Performance Health’s existing business in France.”
Through this acquisition Performance Health will be able to leverage local warehousing capabilities, enhancing its ability to serve customers more effectively.
“At Sissel France our product range is diverse and curated to cater to various well-being needs, enhancing different aspects of life. Our product categories include Sit Well, Sleep Well, Move Well, Well-Being, and Care & Fitness. We are the leader in the distribution of medical products to physiotherapists in the French market. We are excited to join with Performance Health to help consumers live their best lives.” said Cédric Meunier, Directeur, Sissel France.
During the transition, both companies remain dedicated to business as usual with a commitment to providing top-tier products and services that enrich the lives of customers. Performance Health is incredibly grateful for the continued support of its customers, partners, and stakeholders, and looks forward to an exciting new chapter that will positively impact well-being worldwide.
About Sissel France
Created in 1991, Sissel France is the leader in the distribution of physiotherapy equipment in France. They distribute products to medical shops and are the leader in the Pilates field, being the exclusive dealer of Balanced Body.
About Madison Dearborn Partners, LLC
Madison Dearborn Partners, LLC ("MDP") is a leading private equity investment firm based in Chicago. Since MDP's formation in 1992, the firm has raised aggregate capital of over $26 billion and has completed over 150 investments. MDP invests across five dedicated industry verticals, including health care; basic industries; business and government software and services; financial and transaction services; and telecom, media and technology services. For more information, please visit www.mdcp.com.
Contact
Jake Yanulis or Deirdre Walsh
Abernathy MacGregor
212-371-5999
abmacmdcp@abmac.com
About Performance Health
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Headquartered in Warrenville, Illinois, with significant operations in Akron, Ohio, Performance Health is a leader in consumer healthcare and the largest global manufacturer and distributor of products to the rehabilitation, physical therapy, and sports medicine markets.
The company's products are sold to leading healthcare facilities and practitioners such as physical therapists, athletic trainers, and chiropractors, and direct to consumers across all key brick-and-mortar and online retail channels.
Its market-leading brands include THERABAND, Cramer, Sammons Preston, Medco and Rolyan.
More information is available here.