Berner Ltd (“Berner”), has agreed to acquire Haltija Group Ltd (“Haltija”), the leading actor in the assistive technology and service industry in Finland, from Sponsor Capital. Through this transaction, Berner further strengthens its role as a major player in the MedTech market, which is in line with the company’s strategy. MCF acted as adviser to Berner throughout the process and helped to facilitate the transaction.
MCF advises Berner on the acquisition of Haltija from Sponsor Capital
"This acquisition allows us to provide an even more versatile offering of MedTech products and services to our customers in the healthcare and care industries by bringing together the strong expertise of the personnel in both companies. This further strengthens our role in the market."
CEO of Berner
Berner is a financially sound, family-owned Finnish company founded in 1883 with four business units. Berner Pro business unit currently covers infection control, personal hygiene and surgical, personal protection, laboratory and professional cleaning products, among others. Berner and Haltija share a strong desire for high-quality customer and supplier cooperation and employee well-being.
The acquisition supplements Berner’s existing MedTech product and service offering in accordance with the company’s growth strategy.
Haltija is a national provider of solutions related to assistive devices, medical supplies as well as orthoses and supports to professionals in the public and private healthcare sectors as well as consumers interested in health and well-being. The company’s turnover in 2020 was EUR 25.5 million, and it employed 120 people. Haltija was born in 2016, as a result of a merger between several family-owned companies. Sponsor Capital has been involved in the company’s operations from the beginning.
Antti Korpiniemi, CEO of Berner, said: “This acquisition allows us to provide an even more versatile offering of MedTech products and services to our customers in the healthcare and care industries by bringing together the strong expertise of the personnel in both companies. This further strengthens our role in the market.”
Berner is a family-owned Finnish company founded in 1883 with four business units. Berner Pro business unit is a strategic partner for professionals. It specializes in healthcare, laboratories, animal welfare, professional cleaning and kitchen hygiene. In 2020, the Group’s turnover was EUR 324.3 million, and it employed 536 people in Finland, Sweden, Norway, and the Baltics.
About Sponsor Capital
Sponsor Capital is a Finnish private equity firm that invests in small- and medium-sized companies. Sponsor Capital invests in companies that operate in Finland or have already expanded abroad.
The transaction requires the approval of the Finnish Competition and Consumer Authority.