AddLife

AddLife acquires Edge Medical Ltd, a leading distributor of specialty products in the field of orthopedic surgery in the UK and Irish markets. The company will be included in AddLife’s business area Medtech.

AddLife has acquired the UK Medtech company, Edge Medical Ltd. The company is a fast growing, leading distributor of advanced products and services in orthopedic surgery, spine and neurology with sales of approximately GBP 8 million and high margins.

The acquisition is another step in AddLife’s increasing acquisition activity as well as expansion in the UK and Irish markets. The acquisition is in line with the AddLife strategy to grow in orthopedic surgery, an attractive segment in which multiple other AddLife companies are active with strong market knowledge and supplier relationships.

Edge Medical is based in Manchester, serving surgeons across England, Scotland, Wales, and Ireland. The company is active in multiple market segments of orthopedic surgery including, spine, biologics, pain management as well as products supporting the rising demand for minimally invasive procedures.

The acquisition is in alignment with previously communicated strategy and acquisition criteria. Edge Medical’s commitment to innovative products brings long-term partnerships with customers and global manufacturers. Other companies in the AddLife Group will contribute with complementary products and services to further develop the market position.

“The acquisition of Edge Medical strengthens AddLife’s presence in the prioritised and fast-growing market segment of Orthopaedic surgery. Over the past 12 years, Edge Medical has built an impressive range of partnerships and together with our strong market presence and industry knowledge, AddLife can really add value and support Mark and his team to continue to grow the business,” says Nathan Pettitt, Vice President Hospital, AddLife

”I am incredibly excited about the new opportunities, experience, and investment that AddLife brings to Edge Medical. This move offers a long-term perspective for our employees and ensures further expansion of the company. Being part of the larger AddLife Group with a wider European presence is an exciting development for our employees, suppliers and customers and I look forward to leading Edge Medical into the next successful chapter of our journey as we continue to develop and grow,” says Mark Vujovich, CEO Edge Medical

The agreement was signed and took effect on April 1, 2025. The acquisition is expected to have a marginally positive effect on AddLife’s earnings per share in the 2025 financial year.

Stockholm, 1 April 2025

AddLife AB (publ.)

For more information, contact;
Fredrik Dalborg, VD, fredrik.dalborg@add.life, +46 70 516 09 01
Christina Rubenhag, CFO, christina.rubenhag@add.life, +46 70 546 72 22
www.add.life

About AddLife:
AddLife is an independent partner in the Life Science industry that offers high-quality products, services and advice to both the private and public sectors, mainly in the Nordic region and rest of Europe. AddLife has about 2,300 employees in some 85 operating subsidiaries. The Group currently has net sales of more than SEK 10 billion. AddLife shares are listed on Nasdaq Stockholm.

About Edge Medical:   
Edge Medical is a leading distributor of cutting-edge complementary solutions including spine, biologics and pain management with sales of approximately GBP 8 million. The company’s end customers are primarily surgeons in both public and private hospitals with a comprehensive range of carefully curated innovative surgical procedures. Edge Medical is headquartered in Manchester, UK and serves customers across England, Scotland, Wales and Ireland.

The information was submitted for publication on April 1, 2025 at 15:00 a.m. CET.