Inspiration Healthcare acquires Airon Corporation for $2.5 million
LONDON, UK: Inspiration Healthcare (AIM: IHC) announced the acquisition of Airon Corporation, a specialist respiratory device company based in Florida, USA for a maximum consideration of $2.5m.The consideration includes an initial upfront cash payment of $1.5m plus an earn out of up to $1.0m dependent on the delivery of future revenues.Airon Corporation is a leading…