10 October 2013

Gernandt & Danielsson assisted Volati AB in the disposal of the TeamOlmed group

Gernandt & Danielsson has assisted Volati AB in its disposal of all shares in Volati Protesen 2 AB (parent company in the TeamOlmed group) to the Össur group.

The TeamOlmed company group was founded by Volati AB in 2011 by the merging into one company group of Olmed Ortopediska AB (founded 1984) and Team Ortopedteknik AB (founded 1994). TeamOlmed is Sweden’s largest provider of orthotic and prosthetic solutions. The company group had a turnover of approximately SEK 380 million in 2012 and have approximately 300 employees around the country.

The purchaser of TeamOlmed is the Icelandic Össur group. The company group is listed at Nasdaq OMX Copenhagen through its mother company Össur hf.

The transaction was closed on 1 October 2013.

Gernandt & Danielsson has advised in the transaction with a team consisting of the partner Mikael Borg and the associates Sara Zachrisson and Gabriel Zsiga.