Vinge has advised the Nordic private equity firm Axcel in connection with the establishment of Sanviva, a new European medical device distribution network.
Sanviva brings together medical device distributors Apodan, PartnerMed, AllweCare and XboXLab, operating across the Nordics and Benelux with a portfolio covering product categories such as wound care, ostomy care and in vitro diagnostics. Sanviva currently employs around 60 people across Denmark, Sweden, Norway, Finland, Belgium and the Netherlands.
The investment in Sanviva was made through Axcel Elevate I, Axcel’s lower mid-market fund focused on technology, business services and healthcare.
Vinge’s team consisted of Christina Kokko, Egil Svensson, Ida Appelgren, Manon de Cooman and Lina Björkman (M&A), Christoffer Nordin (Corporate Commercial), Dagne Sabockis and Julia Rydin (FDI) and Filippa Bergkvist (Transaction Support Coordinator).
Read the client’s press release.
