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      KPMG Baltics acted as the lead sell-side financi al advisor and KPMG Law as the lead legal advisor to the shareholders of ITAK OÜ, a leading provider of mobility and personal assistive equipment in Estonia, on the sale of 100% of shares to Asker Healthcare Group, a publicly listed Swedish company with a market capitalization of approximately €3 billion.

      ITAK OÜ is a leading provider of mobility and personal assistive equipment in Estonia. The company sells and rents a wide assortment of mobility aids, personal care items and medical devices directly to patients and their care providers through 22 service centers across Estonia. The company has 67 employees and generated revenue of approximately €8 million in 2024.

      The transaction represents a strategic milestone for ITAK, bringing significant growth opportunities as part of Asker Healthcare Group, one of Northern Europe's leading healthcare groups operating across 17 countries with over 4,000 employees and revenues of SEK 16 billion. The integration will provide ITAK with access to Asker's extensive product portfolio, international expertise, and resources to further strengthen its market-leading position in Estonia and enhance service delivery to patients and healthcare providers.

      "With an aging population, and more patients being cared for at home, the personal service and access to products to improve quality of life is highly important. We are continuing to build on our presence in this area across Europe and are pleased to welcome ITAK and their team to Asker. 

      With a customer focused mindset and deep dedication to patients, they have built a market leading position in Estonia. We share their passion to improve patient outcomes and look forward to supporting ITAK's continued growth," says Johan Falk, CEO of Asker Healthcare Group.

      KPMG Baltics acted as the lead sell-side financial advisor to the shareholders of ITAK OÜ throughout the entire sale process, from initial strategic assessment through to successful transaction completion. The KPMG team provided comprehensive support, offering M&A advisory alongside legal, tax and financial advisory services to ensure a seamless transaction process. The project was executed by Dmitri Ševoldajev, Rupert Erits and Matiss Janis Rekerts from KPMG M&A team and Sandra Metsamärt from KPMG Law. The acquisition was successfully completed in July  2025. 

      About KPMG Baltics:

      KPMG Baltics is one of the leading providers of audit, tax and advisory services in the Baltic region. Our M&A team advises both local and international clients on strategic transactions across various sectors.

      Dmitri Ševoldajev
      Dmitri Ševoldajev

      Head of M&A

      KPMG Baltics OÜ