Inogen agrees to sell US oxygen rental business to Rotech for up to $25 million

Bitget2026/09/30 20:06

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inogen Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609301605BIZWIRE_USPR_____20260930_BW407827) on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Inogen agrees to sell US oxygen rental business to Rotech for up to $25 million

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