Irish company Critical Healthcare has signed a deal worth €10m over five years with the leading international private provider of emergency services in Europe. The announcement was made by Minister of State for European Affairs Helen McEntee at a St Patrick’s Day reception hosted by the Irish Embassy in Copenhagan at the weekend.
Critical Healthcare provides a comprehensive range of medical products and services to the pre-hospital market and ambulance providers in Ireland, the UK and Europe.
Headquartered in Denmark, Falck has operations in 35 countries and its 2,500 ambulances respond to four million emergency calls each year. The company also provides a large number of other prehospital services, including emergency helicopters and rapid response units with paramedics, nurses and doctors.
Critical Healthcare will now be rolling out Medlogistix for Falck across four countries – Demark, the UK, Germany and Spain. Critical Healthcare will become Falck’s single managed service provider for medical consumables and will have responsibility to manage some of Falck’s key manufacturers and producers.
The deal is estimated to be worth approximately €2 million per year over a period of five years – meaning a total contract value of €10 million. The new contract means that the company’s export sales will increase from accounting for 1% of its business three years ago to 60% in two years’ time.
Commenting on the deal, Managing Director and Co-founder at Critical Healthcare, Dr Anne Cusack said, "We are absolutely thrilled with our collaboration with Falck and look forward to a long and fruitful relationship with them. This is a massive commitment by them to entrust this business with us and we are looking forward to being able to repay that trust by delivering a world-class, quality service to Falck across Europe."
She added, "The impact of this collaboration is an important milestone in the company’s progression and represents significant growth for us over the coming years. We have 22 directly employed staff in Westmeath, where our business is growing strongly. But with the new Falck deal, and other ongoing work, that number is set to increase further – by around 30 new hires over the next five years."
Source: www.businessworld.ie
