Poly Medicure Limited, through its subsidiary RisoR Holdings B.V., has successfully completed the acquisition of Pendracare Holdings B.V. and Wellinq Medical B.V., both based in Amsterdam, Netherlands, effective September 23, 2025. With this acquisition, Poly Medicure now owns 90% of the economic rights in the Pendracare Group. The acquisition aims to expand Poly Medicure’s global presence and market reach.
Pendracare Group Acquisition Finalized
Poly Medicure Limited announces the completion of the acquisition of Pendracare Holdings B.V. and Wellinq Medical B.V. (collectively, “PendraCare Group”) located in Amsterdam, Netherlands. The acquisition was executed through RisoR Holdings B.V., a wholly-owned step-down subsidiary of Poly Medicure.
Ownership and Effective Date
Effective September 23, 2025, Poly Medicure, via Risor Holding B.V., now controls 90% of the economic rights within the PendraCare Group. All conditions precedent to the Share Purchase Agreement (SPA) have been met.
Impact on Poly Medicure
With the completion of this acquisition, Wellinq Medical B.V. and PendraCare Holding B.V. now become step-down subsidiaries of Poly Medicure Limited. This strategic move is expected to enhance Poly Medicure’s product portfolio and market presence in the European region.
Source: BSE
