MEG Medical Equipment GmbH (Medical Equipment Group), parent company of Funke Medical GmbH, acquires 100% of the shares of Deron B.V., Lima B.V., and Connect Foam Care B.V. (collectively DERON). The acquisition is supported by Harald Quandt Industriebeteiligungen GmbH (HQIB), majority shareholder of Medical Equipment Group.
DERON is the leading provider of medical aids for the prevention and therapy of decubitus in the Netherlands. DERON is positioned as an innovation leader who differentiates itself from market peers through i.a. recyclable/circular products and software-based solutions for the care sector. The current management teams at DERON, Funke Medical, and Medical Equipment Group remain unchanged. Simone and Wilfried Grimberg, founders of DERON, become minority shareholders in Medical Equipment Group. DERON and Funke Medical remain operationally independent with their respective brands, however, will jointly collaborate along the group strategy.
CODEX Partners prepared the Commercial Due Diligence of DERON for Medical Equipment Group and HQIB.
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