palero acquires a majority share in SANIMED Group as part of a corporate carve-out from Paul Hartmann AG.
SANIMED is one of the leading German homecare providers offering comprehensive and affordable care with rehabilitation and medical technology as well as advice-intensive medical products in Germany. The main areas of expertise are medical technology (e.g. ventilation, TENS devices), rehabilitation technology (e.g. wheelchairs, nursing beds) and advice-intensive medical services, such as enteral nutrition and modern wound, tracheo, stoma and incontinence care. The portfolio is complemented by innovative products that support mobility for senior citizens (e.g. stairlifts, electric vehicles). SANIMED, headquartered in Ibbenbüren / NRW, was founded in 1983 and employs more than 550 qualified employees.
CODEX Partners provided the Commercial Due Diligence of SANIMED for palero.
CODEX Partners supports investors in commercial and vendor due diligence, in strategy development and value enhancement projects and restructuring of portfolio companies and in buy & build platforms. CODEX Partners has served clients in more than 500 projects.