Hill-Rom Announces Definitive Agreement to Acquire Volker for $85M in Cash

Hill-Rom Holdings, Inc. (NYSE: HRC), today announced that it has signed a definitive agreement to purchase Germany-based Volker group for approximately $85 million in cash. The closing of the transaction is subject to customary review by regulatory authorities. Volker is a leading manufacturer of long-term care and acute care bed frames, surfaces and furniture in Europe and around the world.  Volker is a private company with annual revenues of approximately $100 million in 2010.