August 13, 2025
Translink Corporate Finance acted as the advisor to the owners of Kirstine Hardam, KMT/Hollister (US) in the sale to OneMed
Translink Corporate Finance Denmark and Sweden acted as the advisor to the owners of Kirstine Hardam, KMT/Hollister (US) in the sale to OneMed, a subsidiary of Asker Healthcare Group.
Kirstine Hardam bring expertise in ostomy, wound care, nutrition, and incontinence to Asker Healthcare Group
Kirstine Hardam specialises in the sale of branded supplies from leading international manufacturers within ostomy, wound care, nutrition, and incontinence care to hospitals and direct-to-patient services in Denmark. The company has 20 employees and generated revenue of approximately SEK 200m in 2024.
Comments from Asker Healthcare Group
Johan Falk, CEO of Asker Healthcare Group, says, “We are pleased to welcome the Hardam team to the Asker family. Over the past 45 years, Hardam has built a strong position and a portfolio of high-quality products supporting patients in post-surgical aftercare, which will complement our existing presence in Denmark well.
Comments from Kirstine Hardam
Tim Murphy, Corporate Vice President and General Counsel at Kirstine Hardam, said, “Two years ago, KMT Medical Europe Limited (a corporate affiliate of Hollister Incorporated) in the US took the decision to divest a number of our European distribution companies. We chose Translink Corporate Finance Denmark because there is relevant experience from our own industry at partner level, Translink has a European wide local presence, and we liked Translink’s agile and efficient setup.
We have not been disappointed. With Translink managing the process, first the Belgian/Luxembourg company, Alpha-Medis, was sold; then the Dutch company, Mathot was sold. Finally, we signed a stock purchase agreement to sell, the Danish company, Kirstine Hardam A/S, although it remains subject to approval from the Danish competition authorities.
Translink played an instrumental role in the success of these processes. Their ability to present the companies, identify potential buyers for each company and lead the process, not to mention negotiating satisfactory prices, has been invaluable to KMT/Hollister.
Thank you to Translink for their assistance, and a special thanks to Jens Borelli-Kjær and Henrik Schrøder, who managed the processes.”
The acquisition remains subject to regulatory approvals and is expected to be closed in the fourth quarter of 2025.
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Translink Corporate Finance Denmark has – with over 25 years of experience – a strong position in the Danish M&A-market, especially in the smaller and medium-sized companies. The company has been a part of Translink Corporate Finance for almost 20 years. Visit Translink Corporate Finance Denmark
Translink Corporate Finance in Sweden is a M&A advisor working with national and cross-border transactions. The company’s success in this segment is based on a wide industrial network and the fact that many of the team members have backgrounds as executives in Swedish industrials.
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