Tag: ADDvise Group

STOCKHOLM and COLUMBUS, Ohio – ADDvise Group has signed a letter of intent with the shareholders of Diabetic Supplies to buy all shares in the company. Diabetic Supplies, which distributes, among other things, continues glucose monitors and insulin pumps, generated revenues of $70 million in 2022, with an EBITDA of $2.7 million. “Through the acquisition of Diabetic Supplies, we complement our existing range of diabetes products and strengthen our market position,” said Rikard Akhtarzand,...