Change of Ownership in Mehiläinen’s Parent Company Ambea - Ambea Group reinforces its development with new owner Triton

Ambea Group, the largest private provider of health care and nursing services in the Nordic Countries, is changing hands and moving under the ownership of Triton. The transition is expected to be finalised at the end of March. Mehiläinen Group is Finland’s best-known, top-rated private social and health services provider, and part of Ambea Group. Ambea Group also incorporates Carema Sjukvård and Carema Care, which operate in Sweden and Norway.

With offices in Stockholm, Frankfurt and London, Triton has extensive experience in the strategic development of companies through cooperation with company management. The Finnish investors in Triton’s funds include the Local Government Pensions Institution and Tapiola.

“Mehiläinen has grown and developed considerably as a part of Ambea Group, to which it was affiliated in spring 2006. I am very pleased that Triton shares our vision of providing high quality social and health care services. We are eager to continue the development of Mehiläinen and the whole of the Ambea Group together with Triton,” says the Managing Director of Mehiläinen and Deputy Managing Director of Ambea, Matti Bergendahl.

“The change in ownership will not affect the daily operation of Mehiläinen. Our services and activities with customers, employees and partners will continue as before. We shall go on with our work, pursuing our target in accordance with our mission ‘Time to Care’,” Bergendahl continues.

“Ambea has doubled its revenue since 2005, an excellent achievement. We have been especially impressed with the commitment of management at Ambea and Mehiläinen and with the dedicated way the staff work for the benefit of the customers and the company,” states Thomas Ekman, a shareholder of 3i.

“Ambea Group has greatly impressed us in many ways. We know that Ambea can develop to a new level with their committed management and staff. Ambea and its subsidiary in Finland, Mehiläinen, are sustainable companies and have shown remarkable ability for growth in their own market areas. Both Ambea and Mehiläinen also have outstanding knowledge of their branch of business,” says Magnus Lindquist, a Triton partner.

For additional information, please contact:

Matti Bergendahl, Managing Director of Mehiläinen Oy, Deputy Managing Director of Ambea AB, tel. +358 40 833 54 61
Ralph Riber, Managing Director of Ambea AB, tel. +46 708 75 66 89
Thomas Ekman, shareholder, 3i Nordic, tel. +46 8 50 61 01 33
Magnus Lindquist, shareholder, Triton

Published 23.2.2010