Inogen agrees to sell US oxygen rental business to Rotech for up to $25 million
Bitget2026/09/30 20:06- Inogen agreed to sell its U.S. oxygen rental business to Rotech Healthcare for up to $25 million in cash.
- Closing is expected in Q4 2026.
- A long-term supply agreement will place Inogen oxygen concentrators into Rotech’s national distribution network.
- The rental unit generated $24.3 million of revenue in H1 2026, down 9.8% year over year.
- The share repurchase authorization is set to rise by $15 million to $45 million, contingent on closing.
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