Nordic Capital divests Permobil to Investor
Nordic Capital has agreed to divest the Sweden based medical technology company Permobil to Investor. The transaction values the company at an enterprise value of SEK 5.5 billion of which 5.1 billion cash and 400 million in a performance based potential future earn-out payment. Permobil is a global leader in advanced powered wheelchairs, with sales in 2012 amounting to approximately SEK 1.6 billion.
Nordic Capital is a leader in private equity investments in the Nordic region. Its acquisition of Permobil was made in 2006 via Nordic Capital Fund V.
Nordic Capital was advised by Mannheimer Swartling in the transaction. The firm’s team, headed by Jan Holmius and Isabella Ramsay, included Joel Mårtensson, Joel Englund, Henrik Johansson, Jenny Karlsson and Albert Roos.