Stannah Group acquires in Portugal
Stannah Group has acquired Portugal’s top mobility products distributor Egiro for an undisclosed sum.
Established in 1867, Stannah is the UK’s leading stairlift manufacturer, exporting to 42 European countries.
The group has annual revenue of £195m ($280m) and employs 1500.
Egiro is the market leader in direct sales of stairlifts and mobility scooters in Portugal. It was founded in 2011
by two healthcare entrepreneurs, and offers national coverage via five logistic centres.
BCMS acted as sole advisor to Egiro.