Getinge continues its investment in the bed management and pressure care
Getinge continues its investment in the bed management and pressure care market Getinge Industrier today acquired the UK company Egerton Hospital Equipment Ltd Egerton - with its head office in Orpington, Kent - has a turnover of SEK 45 million and 72 employees. Egerton manufactures and markets specialised beds and anti-decubitus mattresses for hospitals and nursing homes. Anti-decubitus mattresses are used in the prevention and treatment of bed sores. The acquisition will lead to an improvement in sales and cost containment. Egerton's business will be integrated with Pegasus Airwave Ltd, which Getinge acquired in April. Pegasus will therefore be one of the leading suppliers of specialised beds and pressure sore mattresses in the UK, with a market share of about 25%. The integration will have a positive effect on results in 1999. Geriatric care a constantly growing market There is a trend towards providing clients with complete product solutions in a number of European health care markets. The Egerton acquisition will widen the product range and means that clients' increasing demands can be met. This acquisition will strengthen the Group's competitiveness in the UK as well as the rest of Europe. Getinge is a medical-technical Group and a world leader in the fields of sterilization, disinfection, patient handling and hygiene systems. The Group has 3,700 employees and had a turnover of SEK 4.6 billion in 1997. Getinge 23 December 1998 Johan Malmquist President and CEO For more information, please contact Andrew Wozencroft at Arjo UK on tel. no. +44 1 452428200 GETINGE INDUSTRIER AB (publ.) Phone +46 35 15 55 00 VAT No SE556408503201 P.O. Box 69 Fax +46 35 549 52 Org.No. 556408-5032 SE-310 44 GETINGE Registered office: Halmstad Sweden ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/12/23/19981223BIT00180/bit0001.doc http://www.bit.se/bitonline/1998/12/23/19981223BIT00180/bit0002.PDF