In 2005 EQT Expansion Capital I acquired ISS Health Care, a Swedish Health Care company, and Carepartner, a leading Nordic senior care operator, to create Aleris AB.
From being a company with its main operations in Sweden, Aleris has both through organic development and through strategic focus on add-on acquisitions, become a true pan-Scandinavian company during the ownership of EQT, and achieved leadership positions in the Health Care markets in which it operates. During ownership sales more than doubled and operating profit almost tripled.
Key Events During EQT's Ownership:
- Solid pan-Scandinavian platform established with leading market positions in each country
- Active integration and development of strategic acquisitions – leading consolidator in fragmented market
- Highly recognized brand name with strong quality based value proposition
- Strong and experienced management team