Transaction

Countrywide Supplies sold to Atos Medical

Transaction

Countrywide Supplies sold to Atos Medical

Sell-side

Undisclosed

Role

Adviser to Countrywide Supplies on its sale to Atos Medical

Sector

Healthcare

Region

UK

Clearwater advised Countrywide Supplies ("Countrywide"), a leading distributor of prescription medical products, on its cross-border sale to Atos Medical.

Countrywide Supplies is a licensed dispensing appliance contractor (DAC) for the UK, providing Head & Neck and Ostomy products directly to patients.

Founded in 1986, Atos Medical is the global leader within the Head & Neck medical products area. The company has a history of strong growth in the Swedish healthcare businesses: its products are sold in 80 countries around the world, providing annual revenues in excess of €100m. In 1996, Atos Medical started its UK operations (based in Eastbourne) under the name Platon Medical. This transaction further supports the company's commitment to the UK market and consumers.

image 137

It was great to work with Clearwater on the sale of our business. Karen and the team supported us throughout the process, providing excellent and balanced advice during complex negotiations. They showed real commitment to getting the deal done, achieving a great result for us by delivering strategic buyers and an excellent valuation. We were thoroughly impressed with their expertise and work ethic, and wouldn't hesitate to recommend Clearwater to anyone seeking corporate finance advice.

Peter Stockley, Director at Countrywide Supplies

Advisers

Transactions