European expansion continues as Direct Healthcare Group acquires Finnish manufacturer
Direct Healthcare Group (DHG) is set to complete its third acquisition of 2020, purchasing Finland-based pressure care and patient handling manufacturer Carital Group Oy.
The acquisition continues DHG’s geographic and product portfolio expansion following the purchase of Handicare’s European and Rest of World patient handling & bathroom safety portfolios in April and Swedish rehabilitation aids specialist GATE Rehab Development AB in March.
Based in Finland’s capital of Helsinki, Carital Group manufactures a comprehensive range of pressure area care and patient handling solutions.
The move further broadens DHG’s presence in the Nordic market, with the Welsh company now boasting direct operations across Finland, Sweden, Denmark and Norway.
Graham Ewart, CEO at Direct Healthcare Group, said: “The acquisition of Carital Group continues Direct Healthcare Group’s expansion into new, direct European market spaces. Carital’s position as market leader within Finland has been established through decades of innovation and clinical evidence gathering, and we are looking forward to introducing their solutions to the UK.”
The move will now see DHG introduce Carital Group’s ranges domestically, including its high-specification, anti-deformation technology Optima mattress line and its TergoGlide range, a patented, ergonomic patient transfer aid that combines a slide sheet with incontinence material.
“The Optima anti-deformation mattress offers a solution that specifically targets the early aspects of pressure ulcer development in the most vulnerable patient populations,” continued Ewart.
“We are continually looking at ways in which we can significantly impact the lives of our products’ end-users and the individuals that care for them.”
DHG highlighted that the acquisition will enable it to offer a new solution within pressure ulcer prevention, particularly in critical care environments, that specifically targets the prevention of tissue deformation.
The expanding company will also bring Carital’s TergoGlide to its new Safe Moving & Handling division, adding it to its SystemRoMedic brand offering.
Hannu Saarinen, CEO and owner of Carital Group, said: “Carital Group strongly believe in innovation and development of solutions that help healthcare systems deliver better and more efficient care with clinically researched, functional and practical products.
“Both Carital’s and Direct Healthcare Group’s combined expertise complement each other, and we’re looking forward to continued development and investment as we become part of Direct Healthcare Group.”
DHG’s accelerated growth in 2020 comes after the pressure care, patient handling and specialist seating solutions manufacturer was acquired by European private equity firm ArchiMed in December 2019. The purchase provided DHG with €150 million of investment to head back out on the acquisition trail, with a particular focus on expanding in Europe.
The Carital Group acquisition will complete at the end of October for an undisclosed fee.
https://thiis.co.uk/european-expansion-continues-as-direct-healthcare-group-acquires-finnish-manufacturer/https://thiis.co.uk/wp-content/uploads/2020/10/Reception-Direct-Healthcare-Group-900.jpghttps://thiis.co.uk/wp-content/uploads/2020/10/Reception-Direct-Healthcare-Group-900-150x150.jpgMergers & AcquisitionsNewsroomSupplier NewsTrade Newsacquisition,ArchiMed,Carital Group OY,Direct Healthcare Group,Finland,GATE Rehab,Handicare,Nordic market,Optima,patient handling,TergoGlideDirect Healthcare Group (DHG) is set to complete its third acquisition of 2020, purchasing Finland-based pressure care and patient handling manufacturer Carital Group Oy. The acquisition continues DHG’s geographic and product portfolio expansion following the purchase of Handicare’s European and Rest of World patient handling & bathroom safety portfolios in...Calvin BarnettCalvin Barnettcalvin.barnett@bhta.comAuthorTHIIS Magazine