Peter Byloos has been appointed CEO of Handicare with immediate effect. This follows the recent resignation of Per Gunnar Borhaug toward the end of 2011. Peter Byloos has extensive medical device experience having been former CR Bard European President as well as having held senior positions at Arrow and Stryker. “Peter’s combined international and industrial [...]
Handicare CEO, Per Gunnar Borhaug Moves On
Per Gunnar Borhaug, CEO of Handicare has announced that he will be leaving the company at the end of 2011. Borhaug has been instrumental in taking Handicare from a 50 million Euro largely Norwegian company to a fully fledged 250 million Euro international player in the homecare and mobility industry. The board of Handicare is [...]
Handicare Announces Change of Ownership At You-Q
Press Release Change of ownership You-Q In March of this year Handicare announced the establishment of a new company, You-Q, for the production, distribution and sales of the Alex, Beatle and Ibis XP power wheelchair models. Swedish investment company R12 Kapital has now signed a deal to become the new owner of You-Q. The sale [...]
Dutch Competition Authority NMa provides clearance for acquisition of Handicare – Handicare International
Dutch Competition Authority NMa provides clearance for acquisition of HandicareFollowing the announcement of the anticipated acquisition of Handicare by Nordic Capital Fund VII in June 2010, the Dutch Competition Authority NMa initiated an investigation, because of another Nordic Capital Fund’s holding in power wheelchair manufacturer Permobil. Although Handicare and Permobil are two independent companies and [...]
Handicare Announces Dutch Competition Authority NMa Investigation
Handicare released this statement today regarding the Dutch competition authority investigation following it’s new relationship with Nordic capital: Announcement on Dutch competition authority NMa investigation Moss, 23 August 2010 – The owners of Handicare signed a sales and purchase agreement with Nordic Capital Fund VII in June. Such an ownership change is subject to customary [...]
Handicare On The Move
Press Release: Nordic Capital Fund VII acquires Handicare Oslo, June 2nd 2010 – Nordic Capital Fund VII has acquired the healthcare company Handicare from the Herkules Private Equity Fund. – Nordic Capital has a strong funding base, industrial expertise and international experience, all of which are important to ensuring the further growth of Handicare, says [...]
Handicare Consolidates Position In The Accessibility Market – Growth Story Continues
Following on from the Freelift and Minivator Handicare acquisitions, the company has acquired 15 million NOK Norwegian company KWS Rehab AS. In addition to the obvious synergies this provides Handicare with additional access to the growing private market. More here:
Handicare To Acquire Minivator – The Growth Story Continues
Press Release: Handicare takes the next step to success 2 February 2010 – Midlands based Stairlift manufacturer Minivator has signed a deal to become the latest member of the family of companies in the Norwegian based Handicare, subject to regulatory approval. Previously owned by its Directors and Gresham PE, Minivator Group has had an exceptional [...]
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