The IT and medical technology company Sectra is set to acquire one of its distributors, the Denmark-bases it-mark, which sells medical IT services to healthcare providers.
it-mark primarily delivers cloud-based services for managing medical images (PACS); its customers are mainly located in Denmark, as well as other countries in the EU. The company is the largest supplier of online imaging services for private healthcare providers in Denmark. it-mark has 11 employees and its sales for 2014 amounted to DKK 13.4 million, or about SEK 16 million.
The acquisition is in line with the Sectra Group’s strategy to expand in areas and regions where it commands an established position, primarily through organic growth supplemented by minor acquisitions. it-mark’s operations will become part of Sectra’s Imaging IT Solutions business area, which develops and sells IT solutions and services that enable medical images to be managed efficiently and securely.
The transaction includes a cash consideration and an additional purchase consideration. Sectra will take over the company on April 30, 2015 and the operations will be consolidated into the Sectra Group as of May 2015.