Swedish assistive tech company Doro has acquired Dutch technology enabled care business Inocom in a SEK 72m (£6.1m) deal.
Innocom is one of the top three technology enabled care service providers in the Netherlands. The business started in 1998 and has successfully grown its turnover and user base since. Today the business employs approximately 40 full time equivalent staff and supports approximately 26,000 end users.
The deal will see Doro handle approximately 400,000 end users combined with its existing service business in Sweden, Norway and the UK.
“The Dutch market is an attractive market and a pioneer in adapting technology enabled care solutions. For Doro it is an important step to acquire one of the leading companies in our sector in the Netherlands, fully in line with our strategy to expand and strengthen our geographical reach,” said Carl-Johan Zetterberg Boudrie, President and CEO of Doro Group.
Jan Verasdonck, CEO of Innocom, added: “Innocom started almost 33 years ago and has been active in the market for personal alarms in the Netherlands, growing into an important and reliable supplier of solutions that enable longer living at home.
“With solutions such as personal alarms, digital access to the home and monitoring, we contribute to making people’s lives more pleasant and safe. With Doro we have found an excellent partner to develop our business, expand our knowledge and experience to create more opportunities for innovative solutions.”