The story
Founded by Holger Crafoord in 1964, in Lund.1
Professor Nils Alwall invented one of the first artificial kidneys in 1961. Three years later he met industrialist and businessman Holger Crafoord, who was impressed by Alwall's invention and felt compelled to develop and market this life-saving innovation.
The development of single-use artificial kidneys began in Lund, Sweden, and mass production started in 1967 with the "Ad-modum-Alwall" dialyzer. The company adopted the name Gambro, which is the abbreviation of the original Swedish company name: Gamla Brogatans Sjukvårdsaffär Aktiebolag. Roughly translated, this means 'The Old Bridge Street Medical Supplies Company'. The company's first plant outside Sweden was built in Hechingen, Germany, in the 1970s. In 1983, Gambro was listed on the Stockholm Stock Exchange. On 3 April 2006, Indap AB, joint owned by Swedish investment companies EQT and Investor AB, announced a public cash offer to the shareholders of Gambro to acquire all outstanding shares in the company. The new ownership structure of Gambro became effective in June 2006.
In recent decades, Gambro's range of products and therapies has grown — through the introduction of new products, as well as several acquisitions, such as Hospal in 1987, COBE in 1990, Teraklin in 2004, and the latest addition of CHF Solutions Inc. in 2010. CHF Solutions designs and manufactures therapies and products for treating fluid overload by means of ultrafiltration.
In July 2013, Baxter International's bid for Gambro was approved by EU antitrust regulators.
From Wikipedia’s article on Gambro, shared under CC BY-SA 4.0.4