Adagia Partners to acquire a majority stake in SCHWIND from Ardian.

Adagia Partners, a private equity company, agreed to acquire a majority stake in SCHWIND, a provider of laser systems for the treatment of vision defects and corneal diseases, from Ardian, a private investment house. Financial terms were not disclosed. "SCHWIND is recognized as the most technologically advanced company in the sector. With Ardian as our partner, we have been able to successfully expand our unique specialization in the market. Investment in research and development to create the world’s most innovative and precise laser systems for refractive corneal has helped substantially strengthen our product portfolio and tap into new application areas. Our products in the growing market for ophthalmology stand for the highest quality and absolute reliability. We would like to thank the Ardian team as well as the new partner Adagia Partners for their excellent cooperation over the past five years," Rolf Schwind, SCHWIND CEO.