FSN Capital II has reached an agreement to acquire 47% of the shares in Norlandia Omsorg AS, Norway’s leading healthcare provider.
Established in 1997 with operations in Norway and Sweden, Norlandia Omsorg is Norway’s largest private care company with eight operating units ranging from patient hotels to nursing homes, home care and personal assistance services. The capital contributed from FSN Capital will help strengthen Norlandia Omsorg’s market position and enable the company to grow further, organically as well as through acquisitions.
“Norlandia Omsorg represents a strong private care alternative in Norway and Sweden. FSN Capital will help us to further strengthen this position, says Nina Torp Høisæter, CEO of Norlandia Omsorg”.
“The healthcare market is an attractive market with strong growth potentials. We are therefore excited to participate in the further growth of Norlandia Omsorg, says Managing Director Frode Strand-Nielsen”.
“We welcome FSN Capital as a partner in Norlandia Omsorg. We believe FSN Capital will be a valuable resource in supporting the continued development of Norlandia Omsorg in the Nordic region, says Kristian Adolfsen, Hospitality Invest”.
The investment in Norlandia Omsorg represents FSN Capital II’s fourth investment. To date, FSN Capital II has invested in VIA Travel (Norway), Alignment Systems (Sweden) and Aura Light (Sweden).