Ambea acquires Danish care operations

Altiden, Ambea's Danish operations, acquires the care operations from EKKOfonden. EKKOfonden is one of Denmark's largest providers of social care for young people and adults.

- We continue our strategy and grow in Denmark within a priority service area. EKKOfonden has a well-established operation with a good reputation with both care receivers and clients. Through the acquisition, we create conditions for continued growth and development within Altiden, says Benno Eliasson, acting CEO Ambea.

EKKOfonden includes approx. 20 units and 170 beds all over Denmark. Revenue for 2019 was 250 MDKK.  The takeover is expected to take place during the second quarter of 2021, after approval by the authorities.

For more information, contact:

Jacob Persson, Head of Group Business Control & Investor Relations 
Telephone: +46 (0)708 64 07 52
E-mail: ir@ambea.se

Ambea press contact
Telephone: +46 (0)10 33 00 501
E-mail: press@ambea.se

Ambea is the market leading care provider in Sweden, Norway and Denmark respectively, with over 900 care units and around 26,000 employees. We offer services in disabled care, individual and family care, and elderly care with a focus on residential care and own management. We aim to be the quality leader in all that we do and our vision is to make the world a better place, one person at a time. The company was founded in 1996 and its head office is located in Solna, Sweden. Ambea is listed on Nasdaq Stockholm.