Pihlajalinna’s dental health services will be part of Hammas Hohde at the beginning of April
Pihlajalinna Plc Investor News 31 March 2023 at 4:45 p.m.
Pihlajalinna’s dental health services will be part of Hammas Hohde at the beginning of April
The sale of Pihlajalinna's dental health services to Hammas Hohde Oy has been completed today, 31 March 2023. The 16 clinics and approximately 200 dental health professionals will be part of Hohde from the beginning of April 2023. The divestment is part of the process of simplifying Pihlajalinna's business portfolio. In Pihlajalinna's public services, dental health services will continue to be provided by the company as before.
“We are streamlining our business portfolio in private healthcare services and focusing on selected services, such as comprehensive surgical operations services. Dental health services will continue to be offered to customers in close partnership with Hohde. Also, the clinics to be transferred to Hohde will remain in our premises as before. In addition, Hohde's expertise and investments in dental health services will further improve the nationwide offering for our occupational healthcare customers, for example,” says Mikko Wirén, interim CEO of Pihlajalinna.
“The transfer of Pihlajalinna’s dental clinics to Hohde Group is an important step for us. Moving forward, we will have operations in 21 locations and in 33 clinics with approximately 500 professionals. We are now able to help our customers comprehensively across Finland, in line with our strategy,” says Ville Pesonen, CEO of Hammas Hohde.
The parties have agreed not to disclose the transaction price.
Further information:
Pihlajalinna: Tuula Lehto, Vice President, Communications and Sustainability, tel. +358 40 5885 343, tuula.m.lehto@pihlajalinna.fi
Hammas Hohde: Ville Pesonen, CEO, tel. +358 50 435 2831, ville.pesonen@hammashohde.fi
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Pihlajalinna in brief
Pihlajalinna is one of the leading providers of private healthcare and wellbeing services in Finland. The Group produces doctor's appointment services and specialised care, occupational healthcare and oral healthcare services, and residential and welfare services. To public entities Pihlajalinna offers social and healthcare service production models, in which the cooperation between the public and private sectors guarantees high-quality services for citizens. In 2022, Pihlajalinna's revenue was 690.5 million euros. More than 7,000 employees and around 1,800 practitioners work at Pihlajalinna. Pihlajalinna's shares are listed on Nasdaq Helsinki Oy. Read more www.pihlajalinna.fi.
Hammas Hohde is a private full-service dental company with more than 500 oral health professionals providing high-quality general and specialist dental care in twenty one locations across Finland. The company also offers a comprehensive range of dental laboratory services through Loisto Laboratoriot Oy. Loisto Laboratories has dental laboratories in ten cities in Finland and employs approximately 140 dental laboratory professionals. www.hammashohde.fi www.loistolaboratorio.fi