Herkules acquired Handicare from ABN Amro Capital and Foinco Invest in July 2005. The company was a leading producer and distributor of technical aids for elderly and disabled in Norway.
During Herkules ownership Handicare became a leading European provider within all main areas of aids and equipment for elderly and disabled people.
Main events:
Developed and executed a buy-and-build strategy with 13 add-on acquisitions, creating a leading European player
Integration of companies and improved operations
Business model shifted from having 70% of sales from 3rd party products to 70% of sales from proprietary products, and a solid foothold in several countries
Expanded from three business units; Mobility, Auto and Puls with two new business units; Patient Handling & Bathroom safety and Accessibility
Herkules Private Equity Fund I sold Handicare to Nordic Capital Fund VII in December 2010.
Read more at:
www.handicare.com
Member count: 1001-5000
Founded date: 1986
Investors 1
| Date | Name | Website |
| - | Herkules C... | herkulesca... |
Mentions in press and media 6
| Date | Title | Description | Category | Author | Source |
| 22.02.2021 | SAVARIA CO... | Savaria Corporation (TSX:SIS) ... | - | - | marketscre... |
| 22.02.2021 | Savaria : ... | Savaria Corporation (TSX:SIS) ... | - | - | marketscre... |
| 19.02.2021 | Handicare ... | /THIS ANNOUNCEMENT IS FOR INFO... | - | - | marketscre... |
| 19.02.2021 | Savaria An... | /THIS ANNOUNCEMENT IS FOR INFO... | - | - | globenewsw... |
| 19.02.2021 | HANDICARE ... | /THIS ANNOUNCEMENT IS FOR INFO... | - | - | marketscre... |
| 28.01.2021 | SAVARIA CO... | /THIS ANNOUNCEMENT IS FOR INFO... | - | - | marketscre... |