IMAP Netherlands is pleased to announce that Clinichain, a Dutch medical equipment rental provider, was acquired by ADDvise, a Swedish publicly traded supplier of equipment to healthcare and research facilities.

Founded in 2017 by Peter Maaskant and Erik Hoddenbach, Clinichain offers both rental and sale of medtech equipment to CRO’s for medical studies including blood pressure monitors, freezers, ECGs and high-end equipment for detecting eye diseases. Together with its partner network it offers worldwide coverage. Located in Almere, the company has its own warehouse from which it ships tailored rental and purchase solutions for each phase of clinical studies. Among its clients are contract research organizations, biotech and pharmaceutical companies.

ADDvise is a Swedish publicly traded group of suppliers of equipment to healthcare and research facilities, consisting of two business areas: lab and healthcare. The group is active with a clear acquisition strategy for expanding its geographical footprint and its product offering.

With the acquisition, which will have an immediate effect on their earnings per share, ADDvise enters the rental solution market and further strengthens its position in the medical equipment market. Additionally, the expertise from ADDvise offers Clinichain a stable basis for the further growth.

The IMAP Netherlands team, comprised of Ian Bussey and Thomas Verhoeckx, advised Clinichain on the sale and supported the sellers throughout the transaction process.