Announced
Completed
Financials
Tags
Completed
Majority
Diversified Materials
Private Equity
polymer materials
Cross Border
Acquisition
Germany
Friendly
Private
Synopsis
An Investor Consortium, includes ECM Equity Capital, PINOVA Capital and Gilde Healthcare Private Equity, completed the acquisition of a majority stake in DETAX, a supplier of polymer materials for medical applications. Financial terns were not disclosed. “DETAX is an exceptionally attractive company. We are excited about the highly professional organization, led by a high-calibre, experienced and motivated management team, the strong market positioning as well as the excellent reputation of the group as a leading specialist for medical materials. We are extremely pleased to accompany DETAX’s successful growth trajectory in partnership with the management team,” Tim Krume, ECM Director.
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