Krogerus advises Evondos on joining forces with Medido

Krogerus advised Evondos Group when Evondos and Medido, both experts in automated medicine dispensing, joined forces to meet the increasing demand for medicine dispensing services. The companies are to combine their expertise with industry best practices and experience, and invest in technology to provide leading automated drug delivery solutions and customer service today and in the future. This will enable the two companies to help more people across Europe and beyond with a broader offering.

In the transaction Evondos Group acquired all shares of Vitavanti Group BV, the company behind Medido, the leading provider of drug dispensing services in the Netherlands. Vitavanti shareholders will invest back to Evondos Group and become a significant shareholder of the company. Verdane, the European growth equity investor focused on technology for a better future, will remain the main shareholder of Evondos Group.

The Krogerus team was led by Partner Jan Johanson and he was primarily assisted by Senior Associates Nora Hamed and Alina Böling and Associate Annika Mattila.