10 June, 2026
Translink Corporate Finance Benelux acted as advisor to the shareholders of AllweCare Medical, a Dutch distributor of medical devices, on its sale to Axcel as part of the formation of Sanviva, a European medical device distribution platform.
AllweCare Medical provides specialized distribution of medical devices
AllweCare Medical is active in the distribution of medical devices and supports healthcare professionals and patients with a specialized product offering. The company focuses, among other things, on products and solutions in urology, wound care, ostomy care, scar care, continence care, and related medical applications. As part of Sanviva, AllweCare contributes to a broader European network that provides suppliers with access to local healthcare markets, supported by market knowledge, distribution expertise, and long-standing supplier relationships. At the time of closing, Sanviva consists of Apodan, PartnerMed, AllweCare, and XboXLab and operates across Scandinavia and the Benelux region.
Axcel is building a pan-European platform in medical devices with Sanviva
Axcel invests in Sanviva with the ambition to combine local expertise with broader European coverage. The network brings medical devices to healthcare markets across Europe and has a product portfolio that includes wound care, ostomy care, continence care, hygiene, compression, and in-vitro diagnostics.
The partnership with Axcel and Sanviva represents an important step in the continued growth of AllweCare Medical
By becoming part of Sanviva, AllweCare Medical can further strengthen its position in the Benelux and benefit from the scale, expertise, and international presence of the broader network. The shared ambition is to provide medical suppliers with access to multiple European markets through a single network, while maintaining strong local relationships and in-depth market knowledge.
Sanviva combines local presence with international strength
Sanviva is based in Copenhagen and has a presence in Denmark, Sweden, Norway, Finland, Belgium, and the Netherlands. The network focuses on supporting suppliers, healthcare professionals, and patients by making innovative medical devices available across European healthcare markets.
Axcel supports ambitious companies in international growth and value creation
Axcel is a leading private equity firm, founded in the Nordics, that invests in companies across Northern Europe. The investment firm focuses on four core sectors: Healthcare, Technology, Business Services & Industrials, and Consumer. With offices in Copenhagen, Stockholm, and Frankfurt, Axcel combines more than 30 years of experience with a structured approach to value creation and building market leaders.
The investment in Sanviva was made through Axcel Elevate I, Axcel’s lower mid-market fund focused on technology, business services, and healthcare. With Sanviva, Axcel aims to combine local expertise with broader European coverage and build a pan-European distribution platform for suppliers of medical devices.
Sanviva’s view on the transaction
Andreas von Scholten, CEO of Sanviva, said: “We believe that local presence and deep market knowledge are essential to serving our suppliers and customers effectively. Many medical device developers prefer to work with trusted local partners rather than establishing a presence in every country themselves. Through exclusive relationships, suppliers benefit from local expertise and existing relationships without having to approach each market individually, while healthcare providers and patients gain access to the latest innovations.”

