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ABENA buys into Aquatime - and becomes majority owner

By 10/08/2023No Comments

ABENA becomes the new majority owner of Aquatime, which has developed and markets the intelligent drinking glass, Aquatime, for the prevention of dehydration. The Aquatime solution is currently in operation in the care sector in several municipalities in Denmark and is starting to gain traction in selected markets in Europe.

"Aquatime is a welfare technology solution that fits perfectly into our concept, Tomorrow's Care," says Eva Tansem Andersen, Development Manager at ABENA A/S, and continues "at the same time, there are obvious synergies between the Aquatime drinking glass and the ABENA Nova sensor diaper, for the benefit of the citizen and the caregiver. We see great opportunities and perspectives in the collaboration with Aquatime."

"We are both proud and humbled that ABENA has chosen to invest in Aquatime," says Kim Toft Madsen, CEO of Aquatime and continues "ABENA is the ideal partner for us. Not only does the collaboration with ABENA provide direct access to an expanded sales and distribution network in the more than 90 countries where ABENA is represented by its own subsidiaries or partners, but with ABENA as owner, we also get immediate access to functions such as logistics, marketing, consulting/support services and various back-office services. With ABENA as a partner, Aquatime will be able to exploit the large market potential in Denmark and internationally much faster, and in addition, customers will experience an improved and more professional service.

For more information, contact info@abena.dk.

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