Oriola Corporation Press Release July 3 2017 at 2:00 PM
Oriola Acquires ICTHS Health Support
Oriola has signed an agreement to acquire the Swedish company ICTHS Health Support AB. ICTHS Health Support, founded in 2007, provides services to pharmacies, pharmaceutical companies and healthcare operators. In 2016, the company’s net sales were approximately 5 million euros, and the company employs around 60 people.
“The acquisition of ICTHS Health Support is in line with Oriola’s strategy to offer a wide range of services to pharmacies, pharmaceutical companies and healthcare operators in Sweden and Finland. ICTHS already collaborates closely with Farenta and Kronans Apotek. The company’s offering complements Oriola’s service portfolio extremely well,” says Kimmo Virtanen, Executive Vice President at Oriola.
“We are very content with this transaction that provides for business growth, as well as new opportunities within the company for our employees. As part of Oriola we can further broaden and improve our service offering,” says Patrik Åvestrand, Managing Director for ICTHS Health Support.
Executive Vice President, Oriola
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