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Tag: Investor AB


BraunAbility sells to Swedish investment firm

September 29, 2015HME News Staff

WINAMAC, Ind. - BraunAbility has signed an agreement to sell to Patricia Industries, a division of Stockholm, Sweden-based Investor AB. BraunAbility will join Permobil on Patricia Industries' roster of “high-quality, high-growth” companies, according to a press release. “With the support of Patricia Industries, we will be positioned to accelerate our rate of growth, powered by product innovation, development of our brand promise within the communities we serve and continued...

Accessibility, BraunAbility, Investor AB, Mergers & Acquisitions (M&A), Vehicle, Wheelchair

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Swedish investor buys Permobil

April 4, 2013HME News Staff

STOCKHOLM, Sweden - Permobil, a manufacturer of high-end power wheelchairs, has been acquired by Investor AB, a Swedish investment firm, according to multiple reports.Private equity firm Nordic Capital agreed to sell Permobil for $842.3 million. Under Nordic's wing, the company's sales have nearly doubled, according to reports.Last year, Permobil, which operates in 30 countries, generated revenue of about $246.3 million. The company's annual sales growth over the past decade has averaged...

Investor AB, Nordic Capital, Permobil

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