Westlake Partners acquires Optimed
CatCap adviced Westlake Partners on the acquisitions of Optimed and Creamedix
Munich, Ettlingen, Weingarten - Within the scope of a long-term succession plan a group of entrepreneurs lead by Westlake Partners acquired through E-Med Solutions GmbH, Berlin all shares in the two medtech companies Optimed Medizinische Instrumente GmbH and Creamedix GmbH ("Optimed-Group"). E-Med Solutions will continue Optimed-Group independently under its existing name. The management and all employees at the German locations Ettlingen and Weingarten are taken over. The transaction was closed on April 25, 2017.
For more than 20 years, the Optimed-Group, based near Karlsruhe, Germany, has been active in the research and development, production and distribution of medical devices for minimally invasive therapy worldwide. The business segments include arterial and venous interventions, urology, gastroenterology and spine. The Optimed-Group is a global leader in the field of venous stents based on its innovative power. The group generates annual sales of about EUR 28 million and employs approx. 150 people at three production sites in the Karlsruhe region. It has its own distribution companies in France and Austria and distributes a product portfolio of more than 2,000 medical articles in more than 50 countries. www.opti-med.de and www.creamedix.eu
About Westlake Partners
Westlake Partners is an independent investment company with offices in Munich, Berlin and Shanghai. Together with a group of international and experienced entrepreneurs and corporate executives – Westlake Partners focuses on the investment in successful German mid-cap companies. One of the objectives is to establish them permanently not only in Germany and Europe but also in the biggest growing economies, such as China and North America. www.westlake-partners.com
About CatCap und Globalscope
CatCap and the international M&A network Globalscope offer integrated cross-border M&A consulting services for medium-sized transactions. CatCap - a partner led corporate finance firm - advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. CatCap is based in Hamburg and Munich with 26 employees. Globalscope has 53 members in 42 countries with more than 600 professionals worldwide.
For further information, please visit www.catcap.com and www.globalscopepartners.com
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