
ADDvise Group AB
ADDvise Group AB is an international life science group that develops and acquires high-quality companies in the Lab and Healthcare sectors.
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ADDvise Group AB is an international life science group that specializes in providing total solutions for healthcare and research facilities. Their business model involves developing and acquiring high-quality companies within the Lab and Healthcare sectors. The company operates a decentralized ownership model, which allows its subsidiaries to flourish while receiving support from ADDvise’s central functions. The company currently comprises over 20 companies and generates annual revenues close to SEK 2 billion.
ADDvise prioritizes sustainable growth through both acquisitions and organic development. Their acquisition strategy focuses on companies with strong cash flow and sales between SEK 50 and 500 million, operating in relatively mature industries. They aim to maintain the local entrepreneurial spirit of acquired companies, offering them strategic support and guidance while allowing them to operate independently. ADDvise is listed on Nasdaq First North Premier Growth Market, highlighting their commitment to transparency and financial responsibility.
Flexibility
ADDvise Group AB offers a decentralized business model, with each subsidiary operating independently under the umbrella of the larger company. This allows for a significant degree of autonomy and flexibility for employees within their respective companies, fostering a strong entrepreneurial spirit and local decision-making. While ADDvise Group provides central support functions and guidance on high-level strategic decisions, individual companies retain their names and maintain their unique structure.
Mission
ADDvise Group is an international life science group focused on improving, extending, and saving lives through its subsidiaries in the Lab and Healthcare business units. The company's mission is to develop and acquire high-quality companies within these sectors, providing complete solutions in the form of products and services to healthcare and research facilities. They strive to achieve this by fostering a decentralized ownership model that empowers its subsidiaries to operate independently while providing them with central support functions and guidance in high-level strategic decisions.
Culture
ADDvise Group AB promotes a culture of decentralized ownership and entrepreneurial spirit, empowering its subsidiary companies to operate independently while providing strategic support and guidance. This approach fosters a strong sense of local ownership and encourages innovation within each subsidiary, while leveraging the expertise and resources of the larger group. The company values business acumen, quality, and a collaborative environment, encouraging employees to contribute to a sustainable society through their work in the healthcare and research sectors.
DE&I
ADDvise Group demonstrates a commitment to diversity, equity, and inclusion through their focus on gender equality in leadership positions and their code of conduct, which emphasizes respect for human rights and prohibits discrimination. The company aims to achieve a gender-equal company with a representation of 40-60% for both men and women in senior positions and on the board. They also work with suppliers who are inclusive of all individuals regardless of their background, and they promote a transparent working environment with sound business ethics.
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