Mölnlycke Health Care
↗Gothenburg, Sweden
Mölnlycke Health Care is a Swedish world-leading medical technology company headquartered in Gothenburg that specializes in innovative solutions for wound care, surgical procedures, and healthcare-related products. Founded in 1849 as a textile manufacturer, the company became an independent healthcare entity in 1998 and has since evolved into a global medtech leader serving customers in approximately 100 countries with operations in over 40 locations. The company operates four primary business areas: Wound Care (59% of sales), Operating Room Solutions, Gloves, and Antiseptics, offering comprehensive product portfolios under brands including Mepilex, Exufiber, Avance, BARRIER, Biogel, Hibiclens, and Hibi. In 2024, Mölnlycke achieved net sales of €2,064 million with 7% organic growth, demonstrating strong market performance in the global medical devices and wound care sectors. The company is owned 99% by Patricia Industries AB (part of Investor AB, the Wallenberg family investment vehicle) and maintains a commitment to innovation, sustainability, and improving patient care outcomes globally.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Medical Devices
Sub-Industry:Wound Care, Surgical Products, Antiseptics
SIZE & FINANCIALS
Employees:5001-10000
Revenue:$2.0B-$2.5B
Founded:1849
Ownership:private
Status:operating
FUNDING
Investors:Investor AB, Patricia Industries AB
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial Products
Modalities:Medical Devices, Dressings, Surgical Supplies, Antiseptic Solutions, Single-use Products
Trial Phases:-
CORPORATE STRUCTURE
Parent Company:Patricia Industries AB (part of Investor AB)
Acquired By:Investor AB (via Patricia Industries) (2007-01-01)
Key Partnerships:Ondine Biomedical Inc. (Steriwave nasal photodisinfection, FDA Fast Track status), MediWound Ltd. (€15M investment, enzymatic therapeutics for burns), Siren (€8M investment 2025, temperature-sensing textile technology for diabetic foot ulcers), Center for Applied Intelligent Systems Research (CAISR) at Halmstad University Sweden (AI for patient outcomes), Tamer Mölnlycke Care joint venture (Saudi Arabia surgical tray manufacturing), Operation Smile (cleft care center Philippines), Phoenix Society for Burn Survivors (patient advocacy), Transdiagen (precision medicine collaboration for wound healing)
COMPETITION
Position:Leader
Competitors:Smith & Nephew, Johnson & Johnson, Medtronic, ConvaTec Group, Coloplast, Urgo Medical, Lohmann & Rauscher, Aspen Surgical Products +3 more
LEADERSHIP
Key Executives:
Zlatko Rihter - Chief Executive Officer and President
Guillaume Joucla - Chief Financial Officer
Scientific Founders:Gustaf Ferdinand Hennig (1849, original textile manufacturer founder)
Board Members:Christian Cederholm (Investor AB representative), Jenny Ashman Haquinius (Investor AB deputy representative), Filippa Stenberg (deputy board member, elected May 22, 2025; Managing Director of Patricia Industries)
LINKS
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