Getinge Group acquires Acare Medical Science
Getinge Group has acquired Acare Medical Science Ltd, a China-based company primarily focused on the middle-market segment for hospital beds, for SEK 180 million.
The Getinge Group is a leading global provider of equipment, systems and solutions within the healthcare and the life sciences industry with production in ten countries and approximately 13,000 employees in 37 countries around the world. The company’s share is listed on NASDAQ OMX Stockholm.
The Getinge Group was advised by Mannheimer Swartling in the transaction. The firm’s team was led from China/Hong Kong by partner Ulf Ohrling mainly assisted by Åsa Jansson, Lu Shan, Catherine Wang and Echo Cao and partner Claes Albinsson in Sweden.