Capio enters Finnish radiology market

Capio enters Finnish radiology market Through its Radiology Business Area, Capio has signed an agreement in principle to acquire Finnish radiology company, Mediscan Oy. The transaction will be effected on February 1, 2002. This is the first acquisition made by Capio in the Finnish market. Mediscan Oy works with magnetic resonance tomography (MR) and computer tomography (CT). The company, which has annual revenues of FIM 10 M (approximately SEK 16 M), is based in Helsinki and has a smaller unit in Lahti. The company's personnel consist chiefly of radiologists and other medical professionals. Mediscan Oy was the first to start CT examinations in Finland in 1978. "Through this introductory acquisition, we are demonstrating that the Finnish market is important for Capio. We have prepared ourselves for some time to make this move into Finland and Mediscan is the first of more transactions to come in this market," says Per Båtelson, President and CEO of Capio. The MR market is expanding rapidly in Finland. The new technology, in combination with increased availability, has created a strong demand from referring physicians. "This agreement guarantees that Mediscan's very high level of service in Finland, based on professional know-how and experience, will be maintained", says Esko Riihimäki, Managing Director of Mediscan Oy. Capio is one of the leading players in the European health and medical care market, with operations in Sweden, Norway, Denmark, the United Kingdom, Switzerland and Poland. The Group has annual revenues of SEK 6,300 M, with some 10,000 employees. Capio is listed on the Stockholm Exchange. The Capio Radiology Business Area is the leading radiology company in the Nordic region, with annual revenues of approximately SEK 400 M. December 12, 2001 Capio AB (publ) For more information, please contact: Orwar Gustafsson, Senior Vice President, Head of Business Area Radiology +46 8 629 57 11, +46 70 590 94 50 Ulrika Stenson, Vice President Corporate Communications, Capio +46 31 732 40 04, or 070-590 07 23. ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: