Inogen Sells U.S. Oxygen Rental Business for Up to $25M
Inogen has agreed to divest its U.S. oxygen rental business to Rotech for a maximum of $25 million in cash. The deal, expected to close in Q4 2026, includes a new long-term supply agreement. The company anticipates higher revenue growth and adjusted operating income following the divestiture.
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08:13:37 PM UTC
SquawkNews
Inogen entered into an Asset Purchase Agreement to sell substantially all assets used solely in its U.S. oxygen rental business to Rotech Healthcare. The purchase price is estimated at up to approximately $24.8 million, payable in six installments and subject to post-closing reconciliation. Transfe…