Capio acquires Medocular AB
Capio acquires Medocular AB Capio has acquired 100% of the shares in Medocular AB, the largest private company in the eye healthcare (ophthalmologic) field in the Nordic region. Medocular has annual sales of slightly more than SEK 70 M, with 45 employees. The formal transfer of ownership will take place on October 1, 2001. Capio AB has acquired all of Medocular's operations in Uppsala, Stockholm, Norrköping, Linköping, Gothenburg and Malmö, all in Sweden. Medocular, which was established 15 years ago, is today the largest private-sector company in the ophthalmic care field. Operations focus primarily on assignments from the public health sector and the company annually carries out approximately 10% of all cataract operations in Sweden. Organisationally, Medocular will become part of Capio's Healthcare Nordic business area. "Through Medocular, Capio gains a prominent position within eye healthcare services in Sweden and a strong platform for international expansion in this field," says Stanley Brodén, Head of Business Area Healthcare Nordic. Medocular specialises in general eye medicine, cataract surgery and treatment of defective-vision disorders, such as short-sightedness (myopia). "As part of the Capio Group, we see major opportunities for the further development of eye healthcare services in a broader context and for being able to increase availability for patients over the longer term," says Rudolph Hahnenberger, President of Medocular. Gothenburg, September 20, 2001 Capio AB (publ) For further information, please contact: Stanley Brodén, Head of Business Area Healthcare Nordic +46-31-732 40 20, 070-602 72 11 stanley.broden@capio.se Rudolph Hahnenberger, President, Medocular +46-18-56 54 01, 070-638 88 81 rudolph.hahnenberger@medocular.se Ulrika Stenson, Vice President Corporate Communications, Capio +46-31- 732 40 04, 070-590 07 23 ulrika.stenson@capio.se See also: http://www.medocular.se/ ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/20/20010920BIT00340/bit0003.doc http://www.waymaker.net/bitonline/2001/09/20/20010920BIT00340/bit0003.pdf