FINLAND - Altor sells PaloDEx to Danaher

Altor acquired PaloDEx in 2005 from General Electric, which was in the process of offloading non-core assets. The business unit, which develops dental imaging, was acquired by GE in 2003 when it was part of the larger group Instrumentarium.

PaloDEx is headquartered in Tuusula, Finland, and distributes its products in 50 countries. Last year, the company reported revenues of EUR 90m. It employs 360 people.

The 2005 buyout was supported by a mezzanine tranche provided EQT, through EQT Expansion Capital I.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• Nordics