Orkla Wound Care has signed and completed an agreement to purchase 100 percent of the shares in Norgesplaster Holding AS. Wiersholm has assisted Orkla throughout the acquisition process.

The transaction means Orkla Wound Care (part of Orkla Care) strengthens its presence in the pharmacy channel and the market for first aid products. Norgesplaster is the market leader in wound care in the pharmacy channel in Norway, in addition to being one of the world’s largest manufacturers of adhesive foil for the production of pressure sensitive ECG electrodes and grounding pads.

– This has been an interesting assignment. All parties have been both solution oriented and efficient. We congratulate Orkla and Norgesplaster, and wish them the best of luck with their work going forward, says partner Jarle Kvam, who has led the process on behalf of Wiersholm. The transaction team also includes Hanne Caroline Nilsen, Marte Flytkjær Nesse, Susanne Caspersen Grieg, Anette Karine Arctander and Håkon Cosma Størdal.

Click here for comments from Orkla and more information about the transaction (Orkla press release).