What is Savaria?
Founded in 1989, Savaria specializes in industrial machinery designed to enhance accessibility and improve the quality of life for individuals facing mobility challenges. The company's comprehensive product portfolio includes elevators, wheelchair lifts, stairlifts, and vehicle adaptations, serving both business and consumer markets across North America, Europe, Asia, and Australia. As a publicly traded entity, Savaria continues to solidify its global presence in the vital accessibility and mobility solutions industry.
How much funding has Savaria raised?
Savaria has raised a total of $96.2M across 1 funding round:
Share Placement
$96.2M
Share Placement (2021): $96.2M, investors not publicly disclosed
What's next for Savaria?
The recent major strategic investment signals a period of accelerated growth and potential expansion for Savaria. This capital infusion is likely to fuel further innovation in accessibility technology, bolster manufacturing capabilities, and extend the company's reach into new geographic markets or customer segments. Savaria's ongoing commitment to enhancing quality of life through improved accessibility positions it for sustained development and market leadership.
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