ITAK Joins Forces with OneMed as TGS Baltic Advises on Acquisition
Deal News | Jun 06, 2025 | CEE Legal Matters
TGS Baltic has advised OneMed, a part of the Asker Healthcare Group, on its acquisition of ITAK, a provider of mobility and personal assistive equipment based in Estonia. OneMed, which is part of a broader European healthcare group with operations across 17 countries and revenues around SEK 16 billion, is looking to enhance its presence in Estonia. This strategic move involves acquiring ITAK, which operates 22 service centers and an online platform offering a variety of medical and mobility aids. The acquisition was advised by a comprehensive team from TGS Baltic, though the firm did not provide additional comments on the transaction.
Sectors
- Healthcare
- Legal Services
Geography
- Estonia – ITAK is based in Estonia, operating 22 service centers in the country.
- Sweden – OneMed is part of the Asker Healthcare Group, which is a European entity with operations across multiple countries including Sweden.
Industry
- Healthcare – The acquisition involves OneMed, part of Asker Healthcare Group, and ITAK, both operating in the healthcare sector providing medical solutions and mobility equipment.
- Legal Services – TGS Baltic provided legal advisory services for the acquisition, demonstrating the role of legal expertise in M&A activities.
Financials
- SEK 16 billion – Revenues of the Asker Healthcare Group, of which OneMed is part.
- EUR 8 million – Reported revenues of ITAK for 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| OneMed | Bidding Company | Company | A provider of medical solutions, part of the Asker Healthcare Group. |
| ITAK | Target Company | Company | An Estonian provider of mobility and personal assistive equipment. |
| TGS Baltic | Legal Advisor | Company | Legal firm advising on the acquisition of ITAK by OneMed. |