ConvaTec

Sector/industry

Wound care and therapeutic products

ConvaTec is a leading developer and marketer of innovative medical technologies. With four key business divisions, ostomy care, wound therapeutics, continence and critical care and infusion devices, ConvaTec products support health care professionals from the hospital to the community health setting. The company has operations in over 90 countries serving consumers and health care professionals on six continents.

Nordic Capital Fund“s VI and VII, together with Avista Capital partners acquired Convatec from Bristol Myers Squibb in August 2008.

After the acquisition by Nordic Capital, ConvaTec has integrated Unomedical, a leading manufacturer of single-use medical devices based in Copenhagen and a Nordic Capital portfolio company since 2003.

Management:
  • David I. Johnson, CEO
  • Ed Borkowski, CFO
Board of Directors:
  • Toni Weitzberg, Chairman
  • David Burgstahler
  • Thompson Dean
  • David I. Johnson
  • Kristoffer Melinder
Key Information: Revenues 2010*: EUR 1140 million Employees: 7750 Ownership: Nordic Capital Fund VI and Nordic Capital Fund VII, controlling shareholding Date of investment: 2008
* 2010 sales for companies still in portfolio; sales at exit for divested companies