News - Yorkshire

Tunstall strikes Nordic deal

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Doncaster-headquartered Tunstall Healthcare Group has acquired STT Condigi, a Swedish provider of technology and services to the care home sector.

Tunstall chief executive Gil Baldwin said the deal, which was for an undisclosed sum, would build on the company's Nordic presence and across the rest of the group.

"It is clear that STT Condigi will make a very positive addition to the Tunstall Group. Our visions are aligned and we complement each other in a number of areas," said Baldwin.

"STT Condigi is a leading provider to our market and has a set of products and services that will enhance our offering and presence both within the Nordic countries and across the rest of the Tunstall Group. STT Condigi brings a strong track record of growth and innovation upon which we want to build."

Headquartered in Malmo, STT Condigi has businesses in Sweden, Denmark, Finland and Norway as well as a growing export division. STT Condigi provides software services to local authorities and providers of care in the community.

Kristoffer Axelsson, the STT Condigi chief executive, will lead the combined Nordic business.

"The decision by the board to join forces with Tunstall is a very positive move that is good for our business, employees and our customers," said Axelsson.

"Tunstall has over 50 years' experience of innovation and a true commitment to improving lives and enabling people to live more independently, which is perfectly aligned with STT Condigi's mission.

"By joining with Tunstall, STT Condigi will have access to world class monitoring software and centres into which our applications will add extra services for our customers.

"In addition STT Condigi will have unprecedented access to Tunstall's engineering, manufacturing and product portfolio as well as its global operating resources.

"This transaction will allow STT Condigi to rapidly accelerate the scope of our portfolio in both remote monitoring and call centre solutions thereby benefiting our entire customer base."

Castlegreen Partners and Linklaters advised Tunstall.

 
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