Gambro acquires Nordic sales company
Gambro acquires Nordic sales company Stockholm, Sweden - Gambro AB (Stockholm Stock Exchange: GAMBaST, GAMBbST), a leading international medical technology and healthcare company, has acquired the Swedish company Hospamed, a sales company for Gambro's renal care products of the Hospal brand on the Nordic market. Hospamed has a leading position on the Nordic market and has mainly developed the market for products in emergency dialysis. In 1998 the company had revenues of about SEK 40 M and it has 13 employees. The acquisition is part of Gambro's restructuring and efficiency improvement program within the Renal Care Products business area. In the European market, where Gambro has a strong and leading position, this includes a focusing and strengthening of the Hospal and Gambro brands. Through the acquisition of Hospamed, Gambro obtains a wholly-owned, strongly positioned operation in the fast growing segment emergency dialysis in the Nordic countries. For further information please contact: Bengt Modéer, Senior Vice President, Corporate Communications, tel. +46-8-613 65 00, +46-70-513 65 33 Sören Mellstig, Executive Vice President and Head of Renal Care Products, tel. +46-8-613 65 00, +46-70-513 65 81 Anna Augustson, European Investor Relations Manager, tel. +46-8-613 65 35, +46-70-513 65 34 Tim Schoenberg, Vice President, US Investor Relations Manager, +1-949-425-2185 Gambro is a global medical technology and healthcare company with leading positions in renal care - services and products - and blood component technology (BCT). Gambro is the second largest provider of kidney dialysis services in the world. Gambro treats about 40,000 patients in 460 clinics worldwide. Renal care products comprise dialyzers, dialysis machines, blood lines and dialysis fluid. BCT includes products for the separation and handling of blood components. The group, with revenue of approximately SEK 19 billion (USD 2.3 billion) has approximately 18,000 employees in some 40 countries. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/16/19990316BIT00060/bit0001.doc http://www.bit.se/bitonline/1999/03/16/19990316BIT00060/bit0002.pdf