Anglo-Irish company, Healthcare 21 Group, one of Northern Europe’s largest privately-owned healthcare companies, has completed the acquisition of Gloucestershire-based Xograph Healthcare.
Xograph, founded in 1967, and based in Stonehouse, is reportedly the largest independent medical imaging equipment supplier throughout the UK and Ireland serving NHS and HSE hospitals, private hospitals, clinics, and diagnostic centres. The company says it provides ‘innovative medical imaging technology, supported by a nationwide team of highly trained field-based engineers and clinical applications specialists.
Owen Curtin, chairman of Healthcare 21 Group, said: “The acquisition of Xograph Healthcare maintains our exciting programme of growth and expansion, accelerating our drive to become a pan-European, best-in-class provider of specialist sales, marketing, and technical service solutions for our world-leading healthcare and scientific supplier partners.
“Acquiring Xograph confirms our commitment to the highly innovative medtech and diagnostic technical services industry. The Xograph business, combined with our existing teams, now makes the Healthcare 21 Group one the largest players in the sector across the UK and Irish healthcare market.”
The newly combined business will employ up to 500 staff in the UK, Ireland, Germany, and Austria, with a turnover of over £135 m (€160 m), representing over 100 original equipment manufacturers (OEMs) across its four European markets.
Healthcare 21 describes this latest acquisition as ‘another milestone in the significant expansion of the Group’ that, in fewer than three years, has seen the company ‘nearly triple in size’.
