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Simonsen & Weel

sw.dk

Founded Year

1817

Stage

Acquired | Acquired

About Simonsen & Weel

Simonsen & Weel is a supplier of critical medtech products for the Danish healthcare sector.On January 20th, 2021, Simonsen & Weelwas acquired by Diploma. The terms of the transaction were not disclosed.

Headquarters Location

Vejlegårdsvej 59

Vallensbaek, 2665,

Denmark

(+45) 70 25 56 10

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Simonsen & Weel Patents

Simonsen & Weel has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/10/2014

Endoscopy, Digestive system surgery, Digestive system, Digestive system procedures, Digestive system imaging

Application

Application Date

11/10/2014

Grant Date

Title

Related Topics

Endoscopy, Digestive system surgery, Digestive system, Digestive system procedures, Digestive system imaging

Status

Application

Latest Simonsen & Weel News

Diploma PLC acquires Simonsen & Weel A/S

Jan 22, 2021

Diploma PLC acquires Simonsen & Weel A/S Translink Corporate Finance advised Diploma PLC, a UK listed international group of companies supplying specialized technical products and services. Diploma operates globally within three sectors: Life Sciences (Healthcare), Seals, and Controls. In Healthcare Diploma has 7 companies with a total revenue of approx. 175 mill. € with an adjusted operating profit above 20%. With the acquisition of 100% of the more than 200 year old company, Simonsen & Weel, A/S, Diploma Healthcare acquires one of the leading distributors in Denmark and Sweden within: Critical MedTech products for hospital trauma, operating room, and intensive care units. Medical nutrition for the primary care/home care sector, funded by the government. The transaction was closed on January 4th, 2021. Simonsen & Weel has grown significantly over the last couple of years, especially in intensive care. The company is expecting to continue this growth in Denmark, but also in Sweden through a newly acquired subsidiary. Translink undertook a market search for target companies on behalf of Diploma in 2019, and out of the ten identified candidates on the Danish market, Diploma decided to take a closer look at four. S&W met all of Diploma’s search criteria, and negotiations commenced. This resulted in a transaction at the end of 2020. Brett Valliant Corporate development director, Diploma Healthcare Group “We would like to thank Translink Denmark for facilitating the Healthcare Group’s entry into Northern Europe. Henrik Schrøder was instrumental throughout all stages of the deal, providing us with an essential link to S&W ownership, particularly at a time where travel has been inhibited by the pandemic. We extend our thanks to Translink Corporate Finance and look forward to many years of continued growth in the region.” Henrik Schrøder, Partner Denmark “We are proud to having worked with Diploma Healthcare on this transaction. Simonsen & Weel is the perfect step for Diploma into the Danish market and a great platform for further growth.” Niklas Wilhelmsson, Director Sweden Following an extensive search in the Nordics and meetings with many highly qualified targets, Diploma selected Simonsen & Weel. Translink Corporate Finance has shown its ability to gauge interest from med-tech companies throughout the region.” Stuart Hands, Partner UK “A thorough search for candidates was undertaken in Scandinavia that paid off for Diploma and we congratulate them. This transaction demonstrates our ability to assist and complete complex cross border deals despite covid19 making the transaction process much more difficult than anyone anticipated.” Contact our Team Members having supported this transaction

Simonsen & Weel Frequently Asked Questions (FAQ)

  • When was Simonsen & Weel founded?

    Simonsen & Weel was founded in 1817.

  • Where is Simonsen & Weel's headquarters?

    Simonsen & Weel's headquarters is located at Vejlegårdsvej 59, Vallensbaek.

  • What is Simonsen & Weel's latest funding round?

    Simonsen & Weel's latest funding round is Acquired.

  • Who are the investors of Simonsen & Weel?

    Investors of Simonsen & Weel include Diploma.

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