SWEDEN - Apax sells Mölnlycke to Investor and Morgan Stanley for EUR 2.85bn

Apax Partners acquired the wound care division of SSL International (later re-named Medlock Medical) in March 2004 and the surgical gloves unit (Regent Medical) in June 2004. In June 2005, Apax Partners bought Mölnlycke from Nordic Capital in a transaction believed to be worth around EUR 1bn. The three businesses were then merged in August 2005 to form MHCG.

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