Handicare – First Acquisition Of 2008 – Homecare Top 3 European Companies – Whats Next?

Per-Gunnar Borhaug, CEO Handicare AS and Hardy Brännström President Romedic AB announce the acquisition of Romedic by Handicare.

Handicare AS acquires RoMedic AB in Sweden and strengthens its position internationally within lifting-, transfer- and positioning products for elderly and handicapped.

Handicare’s revenues are estimated at over 225 million Euros ($320 million) putting it in our top 3 European homecare companies (similar category).

Handicare which is owned by the Ferd Private Equity Fund has been selectively acquiring higher value product companies in the Homecare space, including Freelift and Movingpeople in the Netherlands.

We originally wrote about Nordic companies on the acquisition trail end 2005 “The Return Of The Homecare Vikings”.

Seems like they have done pretty well from my vantage point.

Related posts:

1. Healthcare Acquisition Europe – Handicare – Movingpeople
2. Handicare Continues On The Acquisition Trail – Linido Holland
3. Handicare On The Move
4. Handicare To Acquire Minivator – The Growth Story Continues
5. Return Of The (Homecare) Vikings