CompuGroup Medical Expands into Scandinavian eHealth Market

CompuGroup MedicalCompuGroup Medical executed a purchase agreement for the acquisition of Lorensbergs Holding, including all subsidiaries. With 41 employees, Lorensbergs primarily develops software solutions for occupational healthcare, general practitioners and healthcare schools in Sweden. The revenues for 2010 are estimated to be EUR 3,7 million.

With this acquisition, CompuGroup Medical solidifies its position as a market leader in the Scandinavian eHealth market. With Lorensbergs, CompuGroup Medical obtains the largest customer base within occupational healthcare and further strengthens the performing product portfolio in Sweden and Norway.

The products of all Scandinavian subsidiaries will be further bolstered, based on best practices. CompuGroup Medical software solutions provide physicians with assistance in making medical decisions and help structure the treatment process. Enormous potentials to increase efficiency can be achieved with the utilization of these intelligent systems.

"Lorensbergs Holdings is very growth oriented," emphasized Frank Gotthardt, chair of CompuGroup Medical AG. "This makes them a perfect match for us. We believe it is our mission to develop efficiency‐increasing products for the healthcare market that fulfill maximum expectations for safety and treatment quality," concludes the company founder.

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About CompuGroup Medical AG
CompuGroup Medical is one of the leading e‐health companies worldwide. Its software products, designed to support all medical and organizational activities in doctors' offices and hospitals, its information services for all parties involved in the healthcare system and its web‐based personal health records contribute towards safer and more efficient healthcare. The services of CompuGroup Medical are based on its unique customer base of around 370,000 doctors, dentists, hospitals and networks as well as other service providers. CompuGroup Medical is the e‐health company with one of the biggest coverage among ehealth service providers worldwide. The company operates in 18 European countries as well as in Brazil, Chile, Malaysia, Morocco, Saudi Arabia, South Africa and in the USA and currently employs around 3,300 people.

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