The international supplier of medical devices Lohmann & Rauscher (L&R) extends its Corporate Group through the acquisition of the company Solaris, Inc. based in West Allis/Milwaukee (Wisconsin, USA). L&R now holds 37 subsidiaries and shareholdings, two of them within the U.S. (Lohmann & Rauscher, Inc. and now Solaris, Inc.) Through this acquisition the L&R Group strengthens its market position in the U.S. and expands its product portfolio:
“The business of Solaris, Inc. is an excellent addition to our activities in the area of lymphedema and compression therapy. The products of Solaris, Inc. complement the portfolio of L&R as preferred solution provider and reliable partner in our core business segment bandages & supports”, says Mr. Wolfgang Süßle, CEO of the L&R Group.
The management of the new L&R subsidiary company will be taken over by the former managing partner of Solaris, Inc., Kyle Weatherly together with Mr. Gary Keytel, President of Lohmann & Rauscher, Inc.
Lohmann & Rauscher
Lohmann & Rauscher (L&R) is a leading international supplier of high quality, future-oriented medical devices and hygiene products – ranging from conventional bandages to modern treatment and nursing systems. Created in 1998 from the merger of the two companies Lohmann (founded in 1851) and Rauscher (founded in 1899), L&R has more than 160 years expertise as a dependable partner and solution provider for its customers. With more than 4,000 employees, 37 subsidiaries and shareholdings, as well as more than 130 selected partners, L&R is represented in all important markets around the world and was able to increase its sales to 530 million euros in 2013. The company’s headquarters are located in Rengsdorf (Germany) and Vienna (Austria).
Further information about Lohmann & Rauscher (L&R) can be found at:
Solaris, Inc.
Solaris, Inc. develops, manufactures and distributes compression products with a focus on lymphedema. The company was founded in 2000 by Kathy Weatherly, a lymphedema therapist, to provide custom compression garments for her patients. Today, Solaris has 70 employees and a full range of compression products. Those products are available in all 50 States of America and in more than 40 countries.
Further information about Solaris, Inc. can be found at:
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