Sumitomo Corporation acquires ActivStyle for healthcare expansion
05/07/25, 1:41 PM
Location
chiyoda
minneapolisIndustry
financial services
finance
medical
health care
Sumitomo Corporation has acquired ActivStyle, a U.S. provider of home medical supplies, expanding its presence in the healthcare market. The acquisition aims to leverage synergies between ActivStyle and Quest, a related company. This move supports Sumitomo's strategy to enhance insurance coverage and service offerings. The company plans to invest significantly in the U.S. healthcare sector in the coming years.
Company Info
Location
otemachi place east tower
Chiyoda, Tokyo, Japan
Company info
Sumitomo Corporation is an integrated trading and business investment company with a strong global network comprising 125 offices in 64 countries and regions. The Sumitomo Corporation Group consists of approximately 900 companies and 80,000 employees on a consolidated basis. The Group's business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of "Enriching lives and the world," based on Sumitomo’s business philosophy passed down for over 400 years.