Mission, Vision and Values
To grow the value of our global businesses, by developing cost – effective medical products and therapy solutions that meet the needs of customers and improve patient health.
Global leader in our chosen medical device markets and offering valued branded products and therapy solutions to customer and patient.
- Ambition: We encourage entrepreneurship and set lofty goals to achieve extraordinary results, individually and within our teams.
- Urgency: We will act with speed and decisiveness to stay ahead of competition by prioritizing and taking actions to meet and anticipate customer needs.
- Ownership: Each of us will take initiative to drive improvements by demonstrating accountability and personal commitment, treating our area of responsibility as if it were our own business.
- Integrity: All our values would be meaningless, if we did not act with integrity in everything we do. Integrity is not a matter of choice. It must be our guiding principle.
Our History
BSN medical was established in April 2001 as a 50:50 joint venture between Beiersdorf AG, Hamburg, and Smith & Nephew plc, London due to complementary geographic and channel strengths in the areas of wound care, fracture management, physiotherapy and compression therapy. Since then, BSN medical has matured as a fully independent global player in the health care market. With four successful acquisitions, BSN further developed global independency and upgraded its portfolio through highly innovative product launches (e.g. Advanced Wound Care) and integrated therapy solutions.
In 2012 the company was acquired by EQT VI. EQT IV is the leading private equity group in Northern Europe with close to € 2.5 billion in raised capital and multiple investment strategies. Together with a superior network of independent industrial Advisors, EQT IV implements its investment strategy by acquiring or financing medium-sized to large companies in Northern and Eastern Europe, Asia and the US, supporting their development into leading companies.
Prior to EQT, BSN medical was acquired in 2006 by Montagu Private Equity, a leading private equity investor in the European mid-market, with a large pool of available funds, with values ranging from € 100 million to € 1+ billion.
Principles
As the source of all energy, creativity and achievement, people are the most valuable resource of BSN medical. In support of this belief, the following principles build on our Vision and Values, and guide the way we manage our people.
We aim to:
- Make the “Vision and Values” the cornerstone in all personal and business interactions
- Actively promote open communication at all levels, and ensure that all our employees have the understanding needed to maximize their contribution to the business
- Actively encourage all employees to realize their full potential and to continuously improve their knowledge, skills, and abilities, to achieve current and future business objectives
- Ensure that each individual has a clear understanding of their role, responsibilities, what is expected of them, and receives constructive feedback
- Encourage flexibility, teamwork, and effective organization
- Encourage employees to embrace change and support them through the change process
- Develop clear relationships between performance and recognition
- Provide a safe working environment for all employees and encourage their well-being, and comply with relevant national regulations and legal requirements
Our operations
BSN medical has production facilities in Germany, France, Mexico, Pakistan, South Africa, Colombia, Venezuela, New Zealand and the U.S, operating all over the world via affiliates, joint ventures and distribution agents.