Grey has advised the owners in connection with the sale of the shares in Kungshusen Medicinska AB to Diploma PLC.
Founded in 1977, Kungshusen is a leading Swedish distributor of medtech products in endoscopy and diathermy. Headquartered in Mariefred, Sweden, Kungshusen serves healthcare providers in all major regions of Sweden. Kungshusen’s revenues amount to approximately US$14 million.
Diploma is a UK-listed international group supplying specialized products and services within seals, controls and life sciences. Within the life sciences segment, the company supplies clinical diagnostics instruments and surgical medical devices to hospitals, clinics and laboratories, primarily in Canada, Europe and Australia. Diploma’s revenues amount to approximately US$740 million.