KARO BIO ACQUIRES SWERECO GROUP.
Stockholm October 2, 2015 - Karo Bio AB (publ) has acquired the shares in Swereco GroupSwereco markets OTC products mainly to pharmacies or directly to health care providers. Net sales in 2014 were 150 MSEK. There are several well-established brands in the product portfolio. Mabs medical compression stockings have a leading market position in Sweden and accounts for over 40 % of the net sales. Mabs increase the blood circulation and better transfer of oxygen to the legs for example during pregnancy and flights. A growing segment is also the use of compression stockings in physical