News

Prism Medical LTD. announces increase in consideration to be received by shareholders in connection with previously announced acquistion

8/5/2016

Toronto, Ontario and Kista, Sweden – August 4, 2016 – Prism Medical Ltd. (“Prism Medical”) (TSXV:PM) and Handicare Group AB (“Handicare”) today announced that they have entered into an amendment to the previously announced arrangement agreement (the “Arrangement Agreement” and, as amended, the “Amended Arrangement Agreement”) pursuant to which Handicare will acquire all of the outstanding common shares of Prism Medical (the “Prism Medical Shares”) for $14.00 per share by way of a court approved plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”).

Prism Medical LTD. agrees to be acquired by Handicare Group AB

6/28/2016

June 27, 2016 – Prism Medical Ltd. and Handicare Group AB today announced that they have entered into an arrangement agreement pursuant to which Handicare will acquire all of the outstanding common shares of Prism Medical. Pursuant to the Arrangement Agreement, shareholders of Prism Medical will receive $12.50 in cash for each Prism Medical Share, which represents a 31.6% premium to the closing price of the Prism Medical Shares on the TSX Venture Exchange on June 27, 2016 of $9.50 and a premium of 34.2% to the 20-trading day volume weighted average trading price of the Prism Medical Shares on the TSXV. The total equity purchase price is approximately $62 million on a fully diluted basis.

Asbjørn Eskild appointed CEO of Handicare Group

6/22/2016

Press release

Asbjørn Eskild appointed CEO of Handicare Group

Kista, Sweden (June 20, 2016)
Asbjørn Eskild has been appointed CEO of Handicare Group as of June 8, 2016. Asbjørn Eskild has been instrumental in helping Handicare achieve very impressive revenue and profitability improvements over the past few years. During 2016, Asbjørn was appointed COO and has in this role led the strategy work for Handicare. Asbjørn is by now well familiar with Handicare Group's opportunities, challenges and targets for the next few years to come.

  

 

Product updates April 2016

4/14/2016

Product changes and updates to Handicare's bathroom safety and transfer and lifting product offering.

Carina350EM/EE

5/22/2015

With manual or electrical base widening and with standard height or low legs

Vega505EE

5/22/2015

New version with updated electronics

RisePorto - Next generation!

4/24/2015

Introducing two new versions of RisePorto.

Handicare and You-Q join forces

7/8/2014

Taking the next step to success together.