10. May 2019
Lojer Purchases Merivaara Hospital Bed Business
Sastamala-based hospital equipment manufacturer Lojer Oy is acquiring Lahti-based healthcare technology company Merivaara Oy’s hospital bed business operations. The agreed deal includes Merivaara’s hospital and examination beds, stretchers and birthing beds. Once the deal is completed Lojer will be Scandinavia’s largest hospital bed manufacturer. Merivaara will continue to focus on developing world-class operating theatre solutions such as theatre control systems, operating theatre lighting and tables, and turnkey operating theatre solutions.
The turnover of the business operations being purchased is around 9 million euros. The deal will see Lojer take over Merivaara’s hospital bed operations in Finland, Sweden and Norway, as well as acquiring a significant IPR portfolio and numerous product registrations around the world. 28 Merivaara Group employees will move to Lojer in Finland and Norway. The manufacture of hospital beds will continue as before in Lahti, Finland, where Lojer already has other business. Lojer will have the right to use product names related to Merivaara’s hospital bed operations for four years.
“Through this deal Merivaara is strengthening its position as a technological leader in operating theatres. In recent years we have been focusing on comprehensive solutions for operating theatres and developing products and systems to increase productivity, such as our internationally rewarded operating theatre lighting. We have also invested heavily in developing our cutting-edge operating tables, a product category we intend to further strengthen internationally during this year,” says Merivaara’s Managing Director Jari Kaija.
Lojer’s Strategy Strengthened and Product Range Complemented
Through the business deal Lojer will acquire Merivaara’s birthing beds, infant and adolescent hospital beds, adult hospital beds and nursing beds. Lojer’s own range has long included hospital beds as well as operating tables, examination tables and treatment tables. “This acquisition fits our strategy remarkably well, and the purchased portfolio complements our range splendidly. Once the deal is finalised, we will be able to offer products from birth to elderly care. We will also acquire a significant catalogue of maintenance and spare parts equipment, which will strengthen our service business operations in Finland as well as the other Nordic countries,” explains Lojer’s Managing Director Ville Laine.
Over a Century Old Companies Appreciate Finnish Quality
Both Merivaara and Lojer consider it extremely important to maintain operations in Finland. “Both companies have more than a hundred years of history in industrial manufacturing in Finland. We are proud to be Finnish and proud of Finnish industry, and very happy that through this business deal ownership will remain in Finland. It is a joy to serve the world’s happiest nation with the world’s best healthcare equipment and services,” Jari Kaija and Ville Laine summarise.
Jari Kaija, Managing Director, Merivaara Oy, tel. 041 7100 490, firstname.lastname@example.org
Ville Laine, Managing Director, Lojer Oy, tel. 010 830 6715, email@example.com
Merivaara group is a leader in intuitive healthcare technology and industrial design, with surgery room solutions being a key focus and growth area. The company was established in 1901, and with its metal beds, improved hospital hygiene significantly. Today, Merivaara’s software, equipment and services improve patient safety and increase the quality and efficiency of surgery operations in leading international hospitals. The company is active in more than 120 countries. Merivaara Q-Flow™ surgical light won the Red Dot Award and Fennia Prize Grand Prix in 2017. www.merivaara.com
The Lojer Group is the largest manufacturer and lifecycle service provider of medical and healthcare equipment and the leading seller of physiotherapy equipment and accessories in the Nordic countries. The company manufactures products such as hospital beds, operating tables, examination tables and treatment tables in its own facilities in Sastamala and Kempele, Finland. Founded in 1919, the company employs around 150 people and is Finland’s primary employer in its field. The group turnover is around 29m€ prior to this deal, and around 38m€ once the deal is completed. Over 60% of the company’s production is exported, and around 95% of the company’s operating tables are exported. The Group also includes sales companies in Sweden, Norway and Russia. www.lojer.com