Handicare Group AB (publ) has signed an agreement to divest Puls AS to Mediq International BV
Puls is a leading distributor of third-party medical consumables and capital goods in Norway and Denmark. In 2018 Puls had reported revenue of 21.1 MEUR, representing 7% of Handicare’s total revenue.“This is an important step in focusing Handicare on its core businesses. The divestment creates additional capacity for growth (both organic and through M&A) and expansion of the core businesses of Handicare”, says Staffan Ternström, President and CEO of Handicare. “I am very pleased to welcome Puls to the Mediq family. Together with Puls, Mediq strengthens its position as a European market