Tag: Nordic Capital

FRESNO, Calif. - Nordic Capital, the private equity firm that formerly owned Permobil, has bought Sunrise Medical.Nordic Captial, along with IK Investment Partners, was rumored to be in the running to buy Sunrise Medical from Equistone Partners, a European-based investment firm that bought the company from Vestar Capital Partners in 2012.Nordic Capital sold Permobil to Investor AB for $842.3 million in 2013, but it also owns Handicare, a Swedish-based manufacturer of wheelchairs, rollators, scooters,...

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. Investor...

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...