tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Asker Healthcare Group Expands with Acquisition of Estonian Company ITAK

Story Highlights
Asker Healthcare Group Expands with Acquisition of Estonian Company ITAK

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Asker Healthcare Group AB ( (SE:ASKER) ).

Asker Healthcare Group has announced the acquisition of ITAK OÜ, a leading provider of mobility and personal assistive equipment in Estonia. This strategic move aims to enhance Asker’s presence in the European healthcare market, particularly in the area of home care for an aging population. ITAK, which operates 22 service centers in Estonia and has a strong market position, will bolster Asker’s offerings and support its growth strategy. The acquisition is pending regulatory approval and is expected to close in the third quarter of 2025.

The most recent analyst rating on (SE:ASKER) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Asker Healthcare Group AB stock, see the SE:ASKER Stock Forecast page.

More about Asker Healthcare Group AB

Asker Healthcare Group is a European healthcare company that partners with caregivers and patients to provide medical products and solutions. The group focuses on improving patient outcomes, reducing the total cost of care, and ensuring a sustainable value chain. With over 4,000 employees across 17 countries, Asker Healthcare Group generates revenues of SEK 16 billion.

Average Trading Volume: 802,637

Current Market Cap: SEK36.37B

See more data about ASKER stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1