Administration Report

Acquisitions

AddLife is constantly looking for companies to acquire and is engaged in discussions with several potential companies. One small acquisition was made in the Medtech business area during the financial year.

AddLife's acquisition strategy 

• The subsidiaries can make small bolt-on acquisitions to strengthen existing businesses in their niche

• The business areas can expand and build market and/or product positions in selected market segments
• The business areas can add new market segments in areas where we see opportunities to gain market leadership

The following acquisitions were completed during the year:

• On 1 September 2023 AddLife acquired all shares in the company Emmat Medical Ltd for the Medtech business area. Emmat is active in surgical products in the UK and has sales of approximately SEK 28 million and four employees. The company has been integrated into the Healthcare 21 Group.