This year's acquisitions 

AddLife completed five acquisitions during 2022. The acquisitions are expected to add a total annual net sales of approximately SEK 850m and approximately 355 employees.

MBA Incorporado S.L 

MBA is a leading independent player in orthopedic and emergency surgery with operations in Spain, Portugal, and Italy. The company offers solutions, high-quality products, and adds customer value through high clinical expertise and service to both public and private customers in Spain, Portugal, and Italy. The group operates in ten therapeutic segments where orthopedic implants for reconstruction of, among others, hips, knees, and shoulders, as well as products and solutions mainly for spine and neurosurgery, trauma, and anesthesia are the main areas. The corporate culture at MBA is characterized by an entrepreneurial spirit, high service level, and great customer focus.

  • Time of acquisitions: January 20 
  • Net sales: approximately SEK 670m
  • Employees: 285

 

Telia Health Monitoring

The operations from Telia Health Monitoring have been integrated into the subsidiary Camanio and renamed to Camanio Health. Camanio Health is a digital platform solution that enables self-monitoring for patients with chronic diseases such as heart failure, high blood pressure, COPD, diabetes, and IBD.

  • Time of acquisitions: March 1 
  • Net sales: SEK 4m
  • Employees: 8

 

O'Flynn Medical

O'Flynn is an independent specialist distributor offering sales and rental of products as well as technical services to the hospital sector, private customers, and nursing homes in Ireland. The company is an add-on acquisition to Healthcare 21, which AddLife acquired in 2021. The company offers medical equipment and consumables in addition to rental, reconditioning, and technical service of specialized products such as mattresses and beds. The company's strong market position in its niche strategically fits well into Healthcare 21 and provides interesting opportunities to expand within the rental market and thus become the leading supplier in Ireland.

  • Time of acquisition: April 1
  • Net sales: SEK 64m
  • Employees: 36

 

BioCat GmbH

BioCat markets and sells a broad portfolio of instruments and reagents in the rapidly growing areas of genomics, proteomics, and cell biology to research-oriented customers in universities and colleges, pharmaceutical companies, and biotechs. The company distributes products and services from around 70 suppliers.
The acquisition strengthens AddLife's presence in Germany while also opening up opportunities for collaboration with our other companies in Europe that operate in the same product segment.

  • Time of acquisition: April 1
  • Net sales: SEK 90m
  • Employees: 20

 

JK Lab Nordic AB

JK Lab is a specialized distributor of instruments and services in material testing. The company has been integrated into Bergman Labora.

  • Time of acquisition: July 1
  • Net sales: approximately SEK 24m
  • Employees: 6
Latest updated: 3/24/2023 3:22:58 PM by jamilah.wass@add.life