Avantus Corporate Finance is pleased to announce that its client OneMed Sverige AB – owner of Simonsen Material AB – successfully divested Simonsen Material AB to Oriola-KD Healthcare AB.

Oriola-KD Healthcare AB will acquire 100 per cent shareholding of Simonsen Material AB. Its operations consisted at the time for the divestment of municipality contracts for mainly disposable healthcare material. Simonsen Material AB operates in Sweden and the business that was divested had a turnover of approx. SEK 37 million. The transaction comprises only the general contracts and no personnel are included in the transaction.

Oriola-KD Healthcare AB is a wholly owned subsidiary to Kronans Droghandel AB. The company is a part of the Finland-based Oriola-KD Corporation, listed on OMX Helsinki, with operations in Sweden, Finland, Denmark, Baltic-region and Russia. Kronans Droghandel is a business partner and logistics expert on pharmaceutical distribution in Sweden.

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