Inspiration Healthcare Group plc (AIM:IHC) acquired Airon Corporation for $2.5 million on January 4, 2024. Inspiration has acquired Airon for $1.5 million cash paid at completion. An earn out of up to $1.0 million cash is payable based on Airon achieving certain net sales targets in the 12 months to 30 April 2025. The acquisition will be funded through the Company's existing resources. Eric Gjerde will stay involved in the company to help manage the transition whilst Inspiration Healthcare search for a permanent new General Manager for the North American business. Phil Walker and Richard Lindley of Liberum Capital Limited acted as financial advisor to Inspiration Healthcare Group plc.

Inspiration Healthcare Group plc (AIM:IHC) completed the acquisition of Airon Corporation on January 4, 2024.