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PRESS RELEASE 29th September 2011 CareTech acquires Trygghetsjouren AB in Sweden
Care Tech AB has acquired Svenska Trygghetsjouren AB and thereby strengthens its customer offering in Sweden. The acquisition means that CareTech can offer healthcare providers a unique full service that includes the carephone, alarm reception, service and response. "This acquisition strengthens CareTech's position as a complete supplier of carephone solutions and means that we are well positioned for future growth," said Magnus Ekqvist, CEO of CareTech. "By offering the health care sector a complete service in the emergency chain, we make it easier for progressive healthcare providers to get closer to their end users. CareTech's strong product line which includes IP and GSM functionality offers new solutions for health care providers at a time when older analog alarms are being rapidly phased out and will increase security and wellbeing for older people” Svenska Trygghetsjouren AB provides various services in the emergency chain to the elderly. The business is based in Malmö and has a turnover of just under 20 million SEK. The acquisition also means that Annica Hübner becomes an owner in Care Tech AB. "I am convinced that together with CareTech we can offer even better customer solutions for the whole emergency chain and together deliver a unique overall concept. I'm really looking forward to this, "said Annica Hübner. Additional information can be provided by Magnus Ekqvist, CEO CareTech, phone: +46 (0)73-511 77 75 CareTech develops and markets carephones and related equipment for healthcare providers in Scandinavia, Holland, UK and Germany. The company reported sales, including the acquisition of Trygghetsjouren AB of 100 million in 2011 with about 65 employees. CareTech has a product center in Kalix and sales offices in Falun, Småland and Stockholm with subsidiaries in Germany and the UK. The principal owner is Verdane Capital. |
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