1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Sweden >
  5. Apotek Hjärtat AB Acquires Vårdapoteket i Norden AB

M&A Deal Summary

Apotek Hjärtat AB Acquires Vårdapoteket i Norden AB

On June 3, 2013, Apotek Hjärtat AB acquired medical products company Vårdapoteket i Norden AB from Priveq

Acquisition Highlights
  • This is Apotek Hjärtat AB’s 1st transaction in the Medical Products sector.
  • This is Apotek Hjärtat AB’s 1st transaction in Sweden.

M&A Deal Summary
Date 2013-06-03
Target Vårdapoteket i Norden AB
Sector Medical Products
Buyer(s) Apotek Hjärtat AB
Sellers(s) Priveq
Deal Type Add-on Acquisition

Target

Vårdapoteket i Norden AB

Malmo, Sweden
As part of the Swedish Government sell-off of its former pharmacy monopoly, Priveq Investment and Investor Growth Capital are acquiring the pharmacies in clusters 6 and 7 offered by Apoteket Omstrukturering AB through newly incorporated entity Vårdapoteket i Norden AB. The operation consists of 24 outpatient dispensing pharmacies located on-site in hospitals, concentrated in central and southern Sweden. Vårdapoteket i Norden AB will have sales of over SEK 1,400 m and some 250 employees with solid pharmaceutical skills and backgrounds.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Apotek Hjärtat AB

Solna, Sweden
Category Company
Founded 2010
Sector Retail
Employees2,000
Revenue 842M EUR (2012)
DESCRIPTION

Apotek Hjärtat is an operator of independent pharmacy retail chain in Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Priveq

Stockholm, Sweden

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1983
PE ASSETS 6.3B SEK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Priveq is a private equity firm that invests in privately owned, small and medium-sized Scandinavian companies. Priveq targets profitable businesses with strong market positions and growth potential. The Firm looks to invest SEK 5 – 200 million in companies with sales typically greater than SEK 100 million. Priveq generally seeks equity between 30 and 70 percent in portfolio companies. The Firm will invest in a wide range of industries, but avoids real estate. Prospective transaction types include MBOs and growth capital financings. Priveq Investment was formerly known as Skandia Investment AB. The Firm was formed in 1983 and is based in Stockholm.

DEAL STATS #
Overall 12 of 34
Sector: Medical Products M&A 1 of 2
Type: Add-on Acquisition M&A Deals 6 of 12
Country: Sweden M&A 12 of 31
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-29 Internatural AB

Orebro, Sweden

Internatural AB is a distributor and marketer of organic, plant-based and other lifestyle food products in Sweden and Norway. Internatural has a strong portfolio of well recognized proprietary brands complemented by local and international third party brands. Internatural is the holding entity of the operating companies Kung Markatta AB and Alma Norge AS.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-19 Scanmast

Mora, Sweden

Scanmast is a provider of critical infrastructure solutions to customers within telecom, lighting, security, and industry segments. The company performs the entire project from project planning, calculations, and design to construction, installation, and maintenance. Scanmast was founded in 2009 and is headquartered in Mora, Sweden.

Buy -
Mergr

Solution for

Product

Company

Legal