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Handicare Group divests Puls to Mediq for EUR 10.9m
May 23, 2019

Handicare Group, a Swedish-based health care firm that specialize increase the independence of elderly or disabled people, has divested its Norwegian-based subsidiary Puls, that distributes third-party medical consumables, to Dutch-based Mediq International. Puls reported a turnover of EUR 21m and EBITDA of EUR 1.3m, corresponding to an EV/EBITDA of 8.4x.

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