Announced
Completed
Synopsis
Carlyle-backed Acrotec, a manufacturer of high-precision components, completed the acquisition of Friedrich Daniels, a manufacturer of surgical instruments and complete solutions. Financial terms were not disclosed. "The acquisition of Friedrich Daniels represents another strategic step for Acrotec, adding cutting-edge technological solutions for the design and production of surgical instruments to our portfolio. It ensures a significant presence in Germany – an important milestone for the group. Friedrich Daniels already works with many of the largest OEMs in the USA, a major focus of Acrotec’s future growth strategy. Friedrich Daniels' products, combined with the skills of our other companies, rounds out our portfolio and enables us to offer the medical market an extremely competitive set of implants and instruments," Sébastien Virtel, Acrotec CEO of Medtech Division.
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