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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:

Peter Byloos, CEO of Handicare Group Ph: +32 475793615

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,

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