Hill-Rom Buys German Company

(Batesville, Ind.) - Batesville-based hospital equipment manufacturer Hill-Rom is paying $85 million to acquire a European company.

 

The cash deal is for German-based Völker Group, a leading manufacturer of long-term care and acute care bed frames, surfaces and furniture. The privately-owned company had revenues of approximately $100 million in 2010.

 

"During its nearly 100-year history, Völker has established an impressive reputation for quality and innovative design," said John J. Greisch, President and CEO of Hill-Rom, in a news release announcing the acquisition.

 

"Our companies share similar missions and approaches to enhancing outcomes for patients and caregivers. We look forward to expanding the presence of Völker's exceptional products around the world."

 

The move which is expected to close in the first quarter of 2012 will strengthen Hill-Rom’s presence in Europe.

More from Local News

Events

Justin Owen Lane Pays Tribute to Late Sprint Car Driver

The tribute comes just days before the 3rd Annual Justin Owen Memorial at Lawrenceburg Speedway.

A Whistle Stop in History – The Day Abraham Lincoln Came to Lawrenceburg

You can find the historic plaque on the levee behind Ivy Tech.

Fourth Annual Ivy Tech Day Set for April 21

The day gives everyone a chance to celebrate student successes while supporting Indiana’s next generation workforce.

Local Sports Report - April 8, 2026

Baseball, softball and golf results.

Local Sports Report - April 7, 2026

Report missing stats and scores to news@eaglecountryonline.com

Milan's Norman Selected for Top 60 Senior Workout

Unfortunately, he will not be able to participate due to injury.

On Air

Eagle Country 99.3 playing
Brad Paisley - Letter To Me

Keith Urban Blue Ain't Your Color 13:01
Fox News Fox News National Newscast 13:00
Travis Denning After A Few 12:56
Exile I Could Get Used to You 12:49