Emergency Care Holdings Acquires Philips Emergency Care Business, Launching Global Emergency Care Platform

Company Overview - Emergency Care Holdings (ECH) has completed the acquisition of the Philips Emergency Care business from Koninklijke Philips N.V., which will now operate as Heartstream and continue to market select products under a Philips brand license [1] - Heartstream operates in over 130 countries with a network of approximately 480 distribution partners and maintains an installed base of over three million automated external defibrillators (AEDs) and advanced life support (ALS) devices globally [2] - The business employs more than 600 people and is recognized for its strong brand equity, clinical credibility, and long-standing customer relationships [2] Strategic Goals - The acquisition allows ECH to establish a global platform strategy aimed at building a leading portfolio of emergency medical technology companies focused on the pre-hospital care market, which exceeds $26 billion globally [1][5] - ECH plans to pursue disciplined, complementary acquisitions to expand product breadth, geographic reach, and operating leverage within adjacent product categories in the pre-hospital and unscheduled care segments [4] - The business aims to enhance operational focus, capital flexibility, and accelerate innovation and global growth as a standalone entity [3] Market Position and Opportunities - The emergency medical products sector is characterized by strong demand, recurring revenue, and favorable long-term demographic and regulatory trends [1] - ECH sees significant opportunities to consolidate a fragmented global market while expanding access to life-saving technologies worldwide [5] - Heartstream is positioned to advance its mission and serve customers more effectively with the backing of ECH, enhancing its leadership in emergency care [4]