BraunAbility

The company's founder Ralph Braun, is a perfect example of the saying “necessity is the mother of invention.” Being disabled himself, he was committed to creating better solutions to improve mobility and independence for wheelchair users. The result was the invention of the first motorized scooter and the first wheelchair van lift.

Founded with only a handful of employees in Winamac, Indiana, but with a spirit of entrepreneurship and a commitment to improve the lives of people with disabilities, the company has thrived for close to 50 years. Today, BraunAbility is the market leader in automobile mobility products for people with disabilities, and among the innovations is the first SUV for people with disabilities. BraunAbility has one of the largest product portfolios, an extensive dealer network and by far the largest market share. The original handful of employees has, over the years, grown to over a thousand and the company now offers a portfolio of complex products. Ralph built the company focusing on quality, safety and innovation – still the cornerstones of the business.

Today, BraunAbility is proud to provide freedom, mobility and independence to millions of wheelchair user across the globe, and will continue to create new, high-quality products that allow people with physical disabilities to participate fully and actively in life. Patricia Industries acquired BraunAbility in September 2015.

Click here for BraunAbility's website

BraunAbility - Key facts

USD m.

 2023

 2022

Sales

1,090

929

EBITDA (%)

12

9

Number of employees

2,000

1,945

Patricia Industries ownership (capital/votes): 92/92  |  Initial investment year: 2015

About
Patricia Industries

About us

About us

Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.

Our Way of Working

Our Way of Working

We own Nordic and North American companies in industries that we know well, and where we have a relevant network of key people who can contribute their expertise.

Our companies

Our Companies

Our family of companies consists of wholly-owned subsidiaries, partner-owned companies and legacy financial investments.

Ownership

Ownership

Patricia Industries is a part of Investor AB, Northern Europe’s largest industrial holding company, which is publically listed on Nasdaq Stockholm. The main owners of Investor AB are the Wallenberg Foundations, controlling 50 percent of the votes.

Patricia Industries in short

Patricia Industries in short

What we do is really a continuation of what the Wallenberg family has been doing ever since André Oscar Wallenberg founded Stockholm’s Enskilda Bank in Sweden in 1856 – actively supporting the development of companies globally.

Board

Board

Great companies are built by great people. It is our firm belief that leadership and individuals make all the difference.

Team

The Team

Meet the people driving success at Patricia Industries

Contact / Career

Contact

Patricia Industries develops companies – in the Nordics and North America – and our team of professionals work at our two offices.