KKR Closes Acquisition of Clinisupplies and Welcomes Oliver Johansen to the Board of Directors

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Summary

Paul Cook, CEO of Clinisupplies, commented: “ We are thrilled to form this strategic partnership with KKR, and to be welcoming Claus, Douglas and now also Oliver to our Board. With KKR’s global network and market knowledge, and with this strong suite of industry advisors, we will be able to expand into new products and geographies, helping to support more and more people and bringing us one step closer to our goal of becoming an international leader in the chronic care market.” Oliver Johansen commented: “ I could not be more excited to join the Clinisupplies Board and support the company on its ambitious growth journey. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Clinisupplies is a leading UK-based manufacturer and supplier of medical appliances specialising in continence products for managing acute and chronic conditions. Employing over 400 people in the UK, China and India, Clinisupplies supplies its products to the NHS and delivers direct to patients’ homes through Clinidirect, its dispensing appliance contractor.

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