Ventizz Capital Partners acquires MEDOS Medizintechnik AG, a leading manufacturer of cardiac surgery products
Duesseldorf, February 1st, 2006
Ventizz Capital Partners Advisory AG announces the purchase of a majority stake of leading manufacturer of cardiac surgery products MEDOS Medizintechnik AG by Ventizz Capital Fund III, LP. Among the selling parties were the two institutional investors S-UBG AG, Aachen and WGZ Initiativkapital GmbH, Muenster, and the company founders.
MEDOS Medizintechnik AG, located in Stolberg near Aachen, was established in 1984 and is the only vendor of cardiovascular assisting systems which covers the short term segment of heart surgery and the middle- and long term segments of assisting systems. The existing MEDOS cardiovascular assisting system is one of the market leaders in Europe and is also sold in the US. MEDOS offers proprietary and highly innovative products, like blood pumps with diagonally streamed rotor or drivers for artificial hearts. With 185 employees and 30 sales representatives around the world, MEDOS is a globally active company.
Ventizz Capital Partners plans to invest additional expansion financing in order to accelerated the company´s future growth. With its high quality and innovative cardiology products, Medos is very well positioned in the market and we see attractive further growth opportunities, especially in non - European markets, adds Reinhard Loechner, Managing Partner at Ventizz Capital Partners.
Medos Medizintechnik as an established high-tech company with exceptional growth opportunities meets exactly the Ventizz requirements for promising investment cases.
Ventizz Capital Fund III L.P. was advised by Dewey Ballantine LLP, Frankfurt (legal).
About Ventizz Capital Partners:
Duesseldorf/Germany - based Ventizz Capital Partners was established in 2000 and is advising funds, which are investing in small and medium sized high-tech companies with exceptional growth opportunities in Western Europe. The three Managing Partners of Ventizz, Dr. Helmut Vorndran, Reinhard Löchner and Willi Mannheims, are currently managing three funds with a total capital under management of € 150 million. To date, Ventizz has invested in 21 companies in hightech engineering, IT/software and medical devices. For further information see: www.ventizz.com
About MEDOS Medizintechnik AG:
MEDOS Medizintechnik AG was established in 1984. Headquartered in Stolberg near Aachen/Germany, MEDOS today has subsidiaries in Radeberg near Dresden and in Herouville Staint Clair/France. MEDOS has minority interests in Autotissue GmbH Berlin and in Beijing Medos AT Biotechnology Co. Ltd. In China. With consolidated group sales of over € 21 million MEDOS is one of Germany´s market leading manufacturers of cardiovascular assisting systems. MEDOS employs presently 185 employees and has 30 sales representatives worldwide. For further information see: www.medos-ag.de.
For further information please contact:
VENTIZZ Capital Partners Advisory AG
Dr. Helmut Vorndran
CEO / Managing Partner
Tel.: +49 - (0)211 - 862 869 - 0
MEDOS Medizintechnik AG
Mr. Peter Inger
Tel.: +49 - (0)2402 - 96 64 - 0