Add-on Acquisition • Automotive

Handicare Group AB Acquires Handi Mobil Herning ApS

On December 20, 2006, Handicare Group AB acquired automotive company Handi Mobil Herning ApS

Acquisition Context
  • This is Handicare Group AB’s 1st transaction in the Automotive sector.
  • This is Handicare Group AB’s 1st transaction in Denmark.

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M&A Deal Summary

Date December 20, 2006
Target Handi Mobil Herning ApS
Sector Automotive
Buyer(s) Handicare Group AB
Deal Type Add-on Acquisition

Target Company

Handi Mobil Herning ApS

Herning, Denmark
Handi Mobil Herning ApS is a manufacturer of vehicles for handicapped people, minibusses for institutional use.
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Buyer Overview 1

Buyer

Handicare Group AB

Stockholm, Sweden

Category Company
Founded 1986
Sector Consumer Products
Revenue 292M EUR (2014)
DESCRIPTION

Formed in 1986, Handicare offers solutions to increase the independence of disabled or elderly people and to facilitate for their care providers and family. The offering encompasses a comprehensive range of curved and straight stairlifts, transfer, lifting, and repositioning aids and vehicle adaptations. Handicare is a global company with sales in some 40 countries and is one of the market leaders in this field. Its head office is in Stockholm, Sweden, and manufacturing and assembly are located at four sites distributed across North America, Asia, and Europe.


Deal Context for Buyer #
Overall 2 of 5
Sector: Automotive 1 of 1
Type: Add-on Acquisition 2 of 5
Country: Denmark 1 of 1
Year: 2006 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-21 Handicare Holding B.V.

Helmond, Netherlands

Handicare Holding B.V. is a designer and developer of mobility products and solutions for the elderly and the handicapped.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-20 Handicare Stairlifts B.V.

Heerhugowaard, Netherlands

Handicare Stairlifts B.V. is a designer, manufacturer and installs stairlifts for various types of staircases.

Buy -