Press releases 2018

The Board of Directors in ADDvise Group AB (publ) ("ADDvise") has, based on the authorization granted by the annual general meeting on 26 April 2018, resolved to issue units each, consisting of one share of series B and one warrant, with preferential rights for ADDvise's existing shareholders (the "Rights Issue"). The Rights Issue consist of…

· ADDvise Group AB (publ) (“ADDvise”) has signed a Letter of Intent with the shareholders of a Helsinki based med-tech company within the Life Science Industry (“the Company”) regarding the acquisition of 100 percent of the shares in the Company (the “Acquisition”). · The Company is a distribution company within the healthcare sector focusing mainly…

ADDvise Group AB (publ) extends its management team with a new executive member. Tina Vasiliou has been employed by ADDvise since September 2017 as Legal Counsel and has since then also been a non-executive member of the management team. Tina will from January 1st 2019 join the management team in her position as Legal Counsel…

ADDvise Group AB's (publ) subsidiary, Surgical Tables Inc, has received an order worth approximately 2,7 MSEK. The order was received from one of the world's three largest medtech companies. The purpose of the order is to prepare and further develop the production of a series of surgical tables for spinal fusion procedures and is an…

ADDvise Group has the 26th of October 2018 published the reporting dates for 2019. New date for the annual shareholder meeting 2019 is April 25th 2019. For further information, please contact: Rikard Akhtarzand, CEO +46 765-25 90 71 rikard.akhatrzand@addvisegroup.se About ADDvise Group ADDvise Group AB (publ) is a leading supplier of equipment to healthcare and research…

• Year-end report 2018: 2019-02-21 • Annual shareholder meeting: 2019-04-23 • Three-month report (Jan-March): 2019-04-25 • Six-month report (Jan-Jun): 2019-07-23 • Nine-month report (Jan-Sep): 2019-10-22 • Year-end report 2019 (Jan-Dec): 2020-02-20 For further information, please contact: Rikard Akhtarzand, CEO +46 765-25 90 71 rikard.akhtarzand@addvisegroup.se  About ADDvise Group ADDvise Group AB (publ) is a leading supplier of…

Aaron Wong is recruited as a new CFO for ADDvise Group AB (publ). Aaron is 33 years old and has previously worked as Finance Director at Informa Global Markets and as a Senior Financial Analyst at Janssen-Cilag AB, a subsidiary to Johnson & Johnson.Aaron has a BA in Accounting and Finance from De Montfort University…

ADDvise Group AB’s (publ) subsidiary Sonesta Medical AB has received an order worth approximately 3 MSEK from one of the world’s leading suppliers of urology and urogynaecology equipment regarding examination chairs for urodynamic procedures to the US market. Delivery will take place during August – October 2018. For further information, please contact: Rikard Akhtarzand, CEO…

ADDvise Group AB (publ) (”ADDvise”) has today entered into an agreement with the shareholders of the US company Merit Cables Inc. (“Merit Cables”) regarding the acquisition of all shares in Merit Cables, with closing to take place on August 1st, 2018 (the “Acquisition”). · The purchase price amounts to MUSD 1.35 (corresponding to MSEK 11.9)…

On July 6, 2018, the subscription period for ADDvise Group AB (publ)’s (“ADDvise” or the “Company”) bond issuance of a maximum of 20 MSEK, ended. In total, subscriptions of 20 MSEK were received, which means the bond issue was fully subscribed. The bonds are set to be issued around July 19th2018 and subsequently be admitted…

• ADDvise Group AB (publ) (“ADDvise”) has signed a Letter of Intent with the shareholders of Merit Cables Inc. (”Merit Cables”) regarding an acquisition of 100 percent of the shares in Merit Cables (all together “the Acquisition”). • Merit Cables manufactures and sells medical lead wires and systems. • The purchase price amounts to 1.35 MUSD based on…

On the 13th of June 2018, the Board of Directors of ADDvise Group AB (publ) (the “Company”) resolved to extend the company’s existing bond of MSEK 240 with MSEK 20 (the “Offering”). Background and reasons ADDvise Group AB is a leading provider of equipment for healthcare and research units. The Group consists of approximately 10…

ADDvise Group AB (publ) has today paid an earnout of 4,9 MSEK to the former owner of ADDvise’s subsidiary Hettich Labinstrument AB in accordance with the terms of the Share Purchase Agreement which was signed in January 2017. The earnout was paid with ADDvise’s existing funds and the cost of the earnout was reserved in…

ADDvise Group AB's (publ) subsidiary, Surgical Tables Inc, has received an order worth approximately 3,3 MSEK. In 2017, Surgical Tables launched a collaboration with one of the world's three largest medtech companies to develop a new surgical table for spinal fusion procedures. The purpose of the project was to make the procedures more time efficient…

ADDvise Group AB’s (publ) subsidiary LabRum AB has signed an agreement with Arcona to deliver and assemble furniture and safety ventilation for laboratory facilities at Katedralskolan in Uppsala. The delivery is planned for February 2018 and the order is worth approximately 2,7 MSEK. For further information, please contact: Rikard Akhtarzand, CEO +46 765-25 90 71 rikard.akhtarzand@addvisegroup.se …

ADDvise Group AB’s revenues for the fourth quarter are estimated to SEK 62.3M (53.2). EBITDA adjusted for non-recurring incomes and costs amounted to SEK 4.5M (3.4). EBITDA amounted to SEK 2.8M (4.8). Revenues during the fourth quarter have been lower than expected. This is partly due to a decline in order intake in the segment…

ADDvise Group AB’s (publ) subsidiary Germa has signed an agreement to sell a production unit owned by Germa. The Stockholm based company OXO Förvaltning AB is buying the property. In connection to the sale, Germa will sign a 10-year lease agreement with OXO Förvaltning. The purchase price is 4,75 MSEK. Since the property is not…