Peter J. Byloos appointed new CEO of Handicare
Jan 02, 2012
Handicare, a leading provider
of aids for the elderly and physically disabled, today announced
that Peter J. Byloos is appointed as the new CEO of the
company.
Mr Byloos has a long industrial experience, with several
executive positions for international medical device companies,
including Stryker, Arrow International and CR Bard. Mr Byloos will
join the company as of today.
"Peter's combined international and industrial experience will
be of great value for Handicare going forward when the company
enters into a new phase, with a more active international growth
plan", commented Fredrik Näslund, Chairman of the Board,
Handicare.
For more information, please contact:
Fredrik Näslund, Chairman of the Board, Handicare Ph: +46 8 440
50 50 E-mail: fredrik.naslund@nordiccapital.com
Peter Byloos, CEO of Handicare Group Ph: +32 475793615
E-mail: peter.byloos@handicare.no
About Handicare
Handicare AS was founded in 1986 and provides aids for the
elderly and physically disabled. Its products include wheelchairs
and homecare products (such as stairlifts), patient handling and
bathroom safety products, and personal transfer and automobile
adaptation solutions. Through its subsidiary Puls, the Group is
also a market leader in the sale of capital goods and consumables
to hospitals and institutions in Norway. Handicare has its
headquarters in Moss, Norway, and has subsidiaries in Sweden,
Denmark, Germany, the Netherlands, England, Belgium, Poland, the
US, Canada and China, and distributes its own products to an
additional 30 markets. Handicare has 1,400 employees. The company's
pro forma turnover was close to €300m 2010.
About Nordic Capital Private Equity Funds
Since the start in 1989, Nordic Capital Private Equity Funds
have invested in large and medium sized companies, primarily in
Northern Europe. Through committed ownership and by targeting
strategic development and operational improvements, Nordic Capital
creates value in its investments. The funds invest in companies in
Northern Europe and in selected investment opportunities
internationally. They are based in Jersey, Channel Islands, and are
advised by the NC Advisory companies in Sweden, Denmark, Finland,
Norway, Germany and the UK. Additional information about Nordic
Capital is available through its corporate website, www.nordiccapital.com.
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