Acquisitions

I am very enthusiastic about this acquisition. HC21 gives us access to two of Europe's most attractive Life Science-markets

Kristina Willgård, CEO AddLife

AddLife is continuing its expansion in Europe by acquiring Healthcare 21 Group, HC21, a leading independent Life Science-distributor with operations in Ireland and the UK. We have had a conference call with a presentation of the acquisition that has been recorded.

 

Our acquisition in the ophthalmology segment strengthens our position as an independent European niche player in Life Science

Kristina Willgård, VD AddLife

AddLife is expanding into a new segment of ophthalmology, eye surgery, through the acquisition of Vision Ophthalmology Group, which has sales of approximately SEK 700 million. We have had a conference call with a presentation of the acquisition that has been recorded.

 

We develop your company through active ownership

Do you have a Life Science company where there are opportunities to grow and take a leading niche position or are you facing a generation shift?

For many founders who want to sell their company, AddLife offers an attractive option as our decentralized business model means that the companies are run independently within the framework of AddLife's management. The companies continue to be led by the founders and entrepreneurs, but AddLife adds financial stability, resources and tools that make it easier and more efficient to develop the business. For example, we have our own business school, AddLife Academy, and several networks in the Group within different focus areas.

Long history of acquisitions

AddLife has acquired and integrated many companies over the years and from this experience, a clear and successful process has been developed for the integration and development of acquired companies.

The road to a successful acquisition for both sellers and buyers may take several years, which improves the prospects of a satisfactory outcome for both the parties and employees. In each acquisition process, the company is evaluated according to a number of acquisition criteria that, when met, provide good conditions for further development within AddLife. Subsidiaries, which are wholly owned, usually continue their own brand, but are embodied in AddLife's corporate culture and model of financial management. 

Growth through acquisitions is an important and central part of Business and Organizational Development within AddLife, and future growth is expected to be partially achieved through continued acquisitions.

AddLife´s Acquisitions since listing

Acquisitions Country Time Net Sales, SEKm No of employees Business Area
MBA Incorporado S.L Spain December, 2021 670 285 Medtech
Telia Health Monitoring Sweden December, 2021 4 8 Medtech
Camanio AB Sweden December, 2021 13 18 Medtech
Fischer Medical ApS Denmark November, 2021 60 12 Medtech
Bio-Connect Group Benelux September, 2021 140 31 Labtech
Healthcare 21 Group Irland, UK April, 2021 1 700 450 Medtech
Vision Ophthalmology Group Switzerland, Germany, the UK, Poland April, 2021 700 190 Medtech
Biomedica Italia s.r.l. Italy December, 2020 80 17 Medtech
Zafe Care Systems AB Sweden October, 2020 34 21 Medtech
DACH Medical Group Austria, Switzerland and Germany October, 2020 140 23 Medtech
Ropox A/S Denmark October, 2020 91 73 Medtech
Technipro-Pulmomed Pty Limited Australia August, 2020 12 5 Medtech
Euroclone S.p.A. Italy January, 2020 280 58 Labtech
Funksjonsutstyr AS Norway December, 2019 50 6 Medtech
Fysionord i Sollefteå Sweden September, 2019 6 2 Medtech
Lab-Vent Controls A/S and Koldt & Ryø El A/S Denmark August, 2019 52 20 Labtech
Business from Wellspect HealthCare Sweden April, 2019 170 14 Medtech
Biomedica Medizinprodukte GmbH Austria December, 2018 650 280 Medtech and Labtech
Laboren ApS Denmark December, 2018 10 2 Labtech
Väinö Korpinen Oy Finland July, 2018 80 15 Medtech
Food Diagnostics AB Sweden March, 2018 10 3 Labtech
Ossano Scandinavia AB Sweden February, 2018 22 5 Medtech
Krabat AS Norge July, 2017 30 13 Medtech
Hepro AS Norge March, 2017 165 40 Medtech
TM Techno Medica AB Sweden January, 2017 30 5 Medtech
Biolin Scientific AB Sweden December, 2016 100 68 Labtech
Svan Care AB Sweden October, 2016 35 13 Medtech
V-Tech AB and Esthe-Tech AB, Sweden April, 2016 50 11 Medtech
           

Acquisitions

Sales of barrier-free and functional Gaius bathroom solutions, equipment and furniture

Geographical market: Finland, Sweden, Norway, Japan and Russia

Segment: Specialized in accessible bathroom products in hospitals, care homes, public spaces and homecare

Amount of employees: 15

Products for the operating theatre – patient positioning, patient support and surgery equipment

Geographical market: Sweden, Norway and Denmark

Segment: Specialized medical care - Surgery

Customer examples: Public Healthcare

Amount of employees: 6

Krabat develops, manufactures and markets high quality aids for children and youths. Krabat’s products are innovative, functional and aesthetically attractive

Geographical market: Europe

Segment: Children and young people with special needs

Amount of employees: 13

Sales of analytical instruments and services for surface science research and development in academia and industry

Geographical market: World Wide

Segment: Advanced material development in academia and industry

Customer examples: P&G, IBM, Apple, BASF, Stanford University, Harvard University, Peking University

Amount of employees: 60

Develops, designs and markets assistive equipment in home healthcare

Geographical market: Sweden and Norway

Segment: Bathroom products

Customer examples: Municipal home care and county councils

Amount of employees: 12

Sale of products for surgery, specialising in vascular surgery

Geographical market: Sweden, Norway and Finland

Segment: Specialised medical care, surgery

Customer examples: Public health care

Amount of employees: 9

Sales of special products for aesthetic and plastic surgery

Geographical market: Sweden, Norway and Denmark

Segment: Specialised medical care

Customer examples: Authorized customers in private healthcare.

Amount of employees: 2

Contact us!

Born in: 1965

Management start year: 2015

Education: M.Sc. Econ.

Professional experience: CFO of Addtech AB, finance director at Ericsson AB, CFO iNetwise, CFO of Frontec, Business controller Spendrups and Auditor Arthur Andersen

Significant appointments: Director for Nordic Waterproofing Holding A/S

Martin AlmgrenCFO and Business Area Manager Medtech+46 70 228 15 45 martin.almgren@add.life

Born in: 1976

Management start year: 2015

Education: M.Sc. Econ.

Professional experience: Group Financial Controller for Addtech AB (publ), Group Accounting Manager at Nefab AB, Auditor EY

Peter SimonsbackaBusiness Area Manager Labtech+46 70 287 00 87 peter.simonsbacka@add.life

Born in: 1960

Management start year: 2017

Professional experience: Business area manager in Addtech Nordic AB, CEO BergmanLabora AB and Business area manager at Mettler-Toledo AB

Significant appointments: Chairman of the Board for Swedish Labtech