Inogen Announces Divestiture of Its U.S. Oxygen Rental Business to Rotech
Business Wire•30/09/2026•16:05 ET
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Key Highlights
- ➤Rotech to acquire Inogen’s (INGN) U.S. oxygen rental assets for up to $25 million
- ➤Transaction expected to close in fourth quarter of 2026, subject to customary conditions
- ➤Inogen expects transactions to increase revenue growth rate and adjusted operating income
- ➤Share repurchase authorization increases $15 million to $45 million, subject to transaction closing
- ➤Rental Business generated $24.3 million revenue in first half of 2026, down 9.8% year-over-year
Expert Statements
Kevin Smith, President and Chief Executive Officer of Inogen
“These transactions strengthen our business and financial profile, sharpen our strategic focus, and enable us to continue investing in innovative solutions that improve patient outcomes.”
Kevin Smith, President and Chief Executive Officer of Inogen
“Rotech’s strong reputation and respiratory care expertise makes it a proven and trusted partner for our patients. Together, we are focused on providing a smooth transition for patients and ensuring continued access to high-quality oxygen therapy solutions.”
Inogen Announces Divestiture of Its U.S. Oxygen Rental Business to Rotech
Transaction advances Inogen’s strategic shift toward a more streamlined commercial model supporting higher revenue growth and adjusted operating income
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