Peter J. Byloos appointed new CEO of Handicare

January 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.