Handicare offers solutions and support to increase the independence of disabled or elderly people, and to enable them to live an active life - on their terms - and to facilitate for their care providers and family. The Company’s offering encompasses a comprehensive range of straight and curved stairlifts, transfer, lifting and repositioning aids, vehicle adaptations and medical equipment.

Handicare is a global company with sales in more than 20 countries and are a market leader in this field. The head office is in Kista, Sweden and manufacturing is located at six sites distributed across North America, Asia and Europe. 

Handicare operates under three business areas: Accessibility, Patient Handling and Puls.

  • In Accessibility, Handicare offers curved and straight stairlifts primarily for the home setting with a complementary offering of vehicle conversion products. The main markets in Accessibility are the UK, Germany, the Netherlands, France, Italy, Norway and Denmark. Accessibility is also active in North America and the rest of the world.
  • In Patient Handling, Handicare offers a broad product offering for patient transfer and lifting products, primarily for the hospital setting. Handicare’s service offering in Patient Handling consists of maintenance and installation. The main markets for Patient Handling include the US, Canada, the UK, the Netherlands, Sweden, Denmark and Norway.
  • In Puls, Handicare distributes medical devices and consumables in Norway and Denmark.

Nordic Capital Fund VII acquired Handicare in 2010. During Nordic Capital’s ownership, Handicare has streamlined its corporate structure and portfolio to focus on core business and create a platform for future growth. These include operational improvements through both centralised development and significant investments in an effective, modern scalable production capacity, as well as a transformation from product to market orientation by driving a commercial excellence agenda across the markets. In addition, Handicare has launched new products and successfully crafted an M&A agenda to drive sustainable long term growth. Today, Handicare is a global leading global provider of stairlifts and vehicle accessibility solutions and a regional leader in patient transfer and lifting products

 

Key Information

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Revenues 2016*

EUR 260 million

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Employees

1150

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Ownership

Nordic Capital Fund VII, controlling shareholding

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Head office

Kista, Sweden

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Investment date

2010

* Reported