Acquires a majority share of the Swiss distributor SMEDICO | Asker Healthcare Group

An agreement to acquire a majority stake in the Swiss distributor SMEDICO has been entered. With this acquisition, Asker Healthcare Group’s growth journey continues into a new market - Switzerland - and strengthens both the market presence and knowledge in product areas such as wound care, incontinence and orthopaedics.

“This is an important acquisition for us, by which we continue to build our role as the market consolidator of our market in Europe. This is the start of an exciting growth journey in the DACH region,” says Johan Falk, CEO Asker Healthcare Group

SMEDICO is an efficient distributor in the fragmented Swiss market with a strong market position in hospital and elderly care with great potential to grow further. SMEDICO focuses on the customers’ needs with the objective to offer solutions which lowers the total cost-of-care with the highest quality. SMEDICO also has a factory and a line of products under the name OMNIMED that is sold in the Swiss market.

About Asker Healthcare Group

Asker Healthcare Group builds and acquires leading companies within medical supplies, devices and equipment in Europe. The group consists of more than 30 companies in 14 countries, supporting healthcare providers and patients to improve patient outcomes, reduce total cost of care and ensure a fair and sustainable value chain. Asker Healthcare Group is headquartered in Stockholm, Sweden and has revenues of approximately EUR 800 million.