# Essity acquires 75% of ABIGO Medical

Essity signed an agreement to acquire 75% of Swedish medical solutions company ABIGO Medical AB, valuing the whole company at SEK 900 million on a debt-free basis. ABIGO develops advanced wound care products using Sorbact technology.

- Type: Acquisition
- Announced: 2020-02-27
- Where: Gothenburg, Sweden
- Value: $93.0M (900.0M SEK)
- Status: announced
- Products: advanced wound care products with Sorbact technology
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Abigo Medical](https://endata.com/companies/19987.md) (target)
- [Essity](https://endata.com/companies/33028.md) (acquirer)

## Sources

- [essityusa.com](https://www.essityusa.com/media/press-release/essity-acquires-75-of-the-medical-solutions-company-abigo-medical-ab/6f472ff8ae30d0f4/), 2020-02-27: "Hygiene and health company Essity has signed an agreement to acquire 75% of the Swedish medical solutions company ABIGO Medical AB."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.