Today, Healthcare 21 (HC21) are pleased to announce the acquisition of O’Flynn Medical Ltd. O’Flynn Medical is an independent distributor offering product sales, rental and technical services to the hospital sector, private customers and nursing homes across Ireland and the UK. The company will become part of the Healthcare 21 Group, which AddLife acquired in 2021.
O’Flynn medical is a great fit for Healthcare 21. Both Cork headquartered based healthcare companies were established in the early 2000’s. O’Flynn Medical offer a strong market position and interesting opportunities to grow HC21’s expansive portfolio into the rental market segment, to become the leading provider in Ireland. The acquisition also provides an entry for Healthcare 21 into the bariatric market segment. O’Flynn Medical will continue to trade under its existing name and remain headquartered in Macroom, Cork.
“Today is an exciting day for Healthcare 21 and the AddLife Group. O’Flynn Medical are an experienced specialist provider with a complimentary portfolio that will strengthen our offering by extending into the rental market segment. It is a perfect strategic and cultural fit. We are excited to welcome, a fellow Cork based healthcare company with a wealth of experience and expertise to the Healthcare 21 Group“, says Tara Kearney, CEO Healthcare 21 Group.
“The acquisition of O’Flynn Medical means that we are strengthening our presence in the Irish and UK market where we already have major expertise and market presence. O’Flynn Medical will form a bolt-on acquisition to Healthcare 21 to complement existing product portfolios whilst also entering into new market segments”, says Kristina Willgård, CEO AddLife AB
“We are incredibly excited about the new opportunities, experience, and investment that Healthcare 21 brings to O’Flynn Medical. This move offers a long-term perspective for our employees with a complimentary portfolio of offerings which will ultimately enhance our offering to our customers. In addition, being part of the larger AddLife Group with a wider European presence is an exciting development for our employees, our suppliers and our customers and I have no doubt will bring so many opportunities for us to continue to develop and grow.” says Deirdre O’Flynn, MD O’Flynn Medical