Announced
Financials
Tags
Majority
Domestic
Private Equity
Friendly
blood pressure monitor
Private
France
Single Bidder
medical devices
Acquisition
Pending
Medical Equipment
Synopsis
Private equity firms Andera Partners and AfricInvest, agreed to acquire a majority stake in Spengler Holtex Group, a medical equipment manufacturer. Financial terms were not disclosed. “We are very happy to open the next development phase of the Spengler Holtex Group with Andera Partners and AfricInvest. The tandem seemed to us to be particularly relevant and credible in supporting our desire to consolidate our sector in France, in Europe and around the world," Joël Malabat, Spengler Holtex CEO.
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