Acquisition of the Swiss medical device provider Gribi AG Belp
Asker Healthcare Group has signed an agreement to acquire 80 percent of the Swiss medical device provider Gribi AG Belp (Gribi) from its current owner and CEO, Cornel Kägi.
“Gribi is a highly reputable niche supplier and will be an important addition to our group and our efforts to support the healthcare sector in Europe. We made our first acquisition in Switzerland a year ago, Smedico, and there are many areas where these two companies will complement and benefit from one another including broadening our total offering to our customers in the country,” says Johan Falk, CEO Asker Healthcare Group.
Gribi is a leading provider of medical devices mainly within surgery, ENT, orthotics and ostomy products to hospitals in Switzerland. Net sales amounted to approximately SEK 140m in 2021 and the company has had an annual organic average growth rate of 11 percent the past 4 years. In addition, the company sees interesting acquisition opportunities on the Swiss market.
The acquisition was completed 1 April 2022.
For further information, please contact:
Emma Rheborg, Head of Communication Asker Healthcare Group
Phone: +46 73 313 62 17
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 approx. SEK 10 billion.