Announced
Financials
Tags
Medical Equipment
Acquisition
Friendly
Germany
Private Equity
medical systems
Private
Majority
Single Bidder
Pending
Synopsis
IK Investment Partners, a private equity firm, agreed to acquire Ondal Holding, a provider of medical pendant systems used mainly in operating rooms and intensive care units, from Capvis, a Swiss private equity investor. Financial terms were not disclosed. “Ondal, with the support of Capvis, has succeeded in establishing state-of-the-art management and innovation processes, that form a solid foundation for further organic growth. In addition, our innovative products and strong strategic positioning are important factors that will drive Ondal's growth in the future,” Bernd Fabian, Ondal CEO.
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