Palodex - Operational improvements and US market share growth

In 2005, Palodex was formed through the acquisition of the Instrumentarium and Soredex dental imaging activities out of GE. The activities were based in Tuusula, just outside Helsinki, Finland. During the new Board and leadership, a growth and improvement agenda was developed. Market share in the US doubled 2005-2009, NWC was reduced in steps and margins expanded continuously. In 2009, Danaher Corporation acquired Palodex.

Board members:Fredrik Strömholm
(lead partner while at
Altor Equity Partners),
Sören Mellstig

Industry:Medical technology

2009 turnover:ca EUR 90m

No. of employees :c.360 FTEs 2009

CEO:Henrik Roos