Tag: Nordic Capital

MALSCH, Germany – Private equity investor Nordic Capital has entered into an agreement to sell Sunrise Medical to Platinum Equity.  Nordic Capital says following its acquisition of Sunrise Medical in 2015, the company’s revenue has almost doubled from EUR 364 million to EUR 636 million in fiscal year 2022-23 and its profitability has improved. The company’s number of employees has grown from 2,000 to more than 2,800 worldwide.  “Nordic Capital's deep sector...

STOCKHOLM, Sweden - Permobil, a manufacturer of high-end power wheelchairs, has been acquired by Investor AB, a Swedish investment firm. 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 8%, according to reports....

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...