Patricia Industries (Investor AB) Acquires BraunAbility (The Braun Corporation)

Piab Group (Patricia Industries) Acquires Alum-a-Lift

August 28, 2024

Manufacturing

Piab Group, a portfolio company of Patricia Industries, has acquired US-based Alum-a-Lift, a maker of electronic ergonomic lifting trolleys, for a total consideration of USD 120 million (cash- and debt-free). The acquisition is a strategic add-on to Piab Group that expands its product offering, geographic reach and exposure to end markets such as semiconductors, aerospace and logistics; Alum-a-Lift generated approximately USD 26m in revenue for the 12 months to Dec 2023 and has ~80 employees.

Patricia Industries (Investor AB) Acquires Advanced Instruments from Windjammer Capital

September 1, 2020

Medical Devices

Patricia Industries, part of Investor AB, has signed an agreement to acquire Advanced Instruments, LLC from Windjammer Capital for an enterprise value of $780 million. Advanced Instruments, headquartered in Norwood, Massachusetts, is a manufacturer of scientific and analytical instruments serving the clinical, biotechnology and food & beverage markets; the transaction is expected to close in Q4 2020 subject to regulatory approvals.

Piab Group Acquires Alum-a-Lift

September 30, 2024

Manufacturing

Piab Group, the lifting and industrial automation business owned by Patricia Industries, has acquired US-based Alum-a-Lift, a designer and manufacturer of ergonomic lifting solutions. The acquisition was funded by Patricia Industries (Investor AB) to support Piab's strategic add-on program and expand its lifting automation capabilities and presence in North America.

Patricia Industries Acquires Advanced Instruments

September 28, 2020

Medical Devices

Patricia Industries, part of Investor AB, has completed the acquisition of US-based Advanced Instruments, a global leader in osmolality testing instrumentation and consumables, from Windjammer Capital. The deal values Advanced Instruments at an enterprise value of USD 780 million; Patricia Industries injected roughly USD 619–620 million of equity for majority ownership. Advanced Instruments (headquartered in Norwood, Massachusetts) serves clinical, biopharmaceutical and food & beverage markets and reported approximately USD 72 million in sales for the 12 months ending June 30, 2020.

Triton Acquires Aleris from Patricia Industries (Investor AB)

July 12, 2019

Healthcare Services

Funds advised by Triton have acquired the majority of Aleris (Aleris Healthcare AB and Aleris Imaging AB) from Patricia Industries (part of Investor AB) in a completed divestiture. Aleris, headquartered in Stockholm with more than 3,000 employees and ~100 facilities across Scandinavia, provides specialty care, radiology and diagnostics and will be developed further by Triton as part of its Nordic healthcare platform.

Permobil Acquires PDG Mobility

September 14, 2023

Medical Devices

Permobil has acquired Canada-based PDG Mobility, a designer and manufacturer of manual tilt-in-space wheelchairs, strengthening Permobil's manual wheelchair and seating portfolio. The deal, announced September 13, 2023, will expand Permobil's product offering and global reach; financial terms were not disclosed.