Press Release

Patricia Industries Acquires LABORIE

September 16, 2016

Palo Alto – September 16, 2016 – Cooley performed patent due diligence on behalf of Patricia Industries in connection with its acquisition of LABORIE.

“LABORIE has successfully developed into a high quality and highly regarded provider of diagnostics products that help a vast number of people improve their daily lives, and its culture and values fit very well with those of Patricia Industries and Investor,” said Patricia Industries CEO Börje Ekholm.

Patricia Industries, a division within Investor AB, makes control investments in best-in-class companies with strong market positions, brands and corporate cultures within industries positioned for secular growth. LABORIE, based in Canada, is an industry-leading manufacturer and supplier of pelvic health and gastrointestinal equipment and consumables.

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