GPE Group, the Capiton portfolio asset, has agreed to acquire Nicolay, Germany-based technology leader and vertically integrated developer and manufacturer of medical cables, cable systems and connectors, for an undisclosed consideration. The core competence of Nicolay GmbH is the development and manufacture of non-invasive patient monitoring products. The transaction will support Capiton’s strategy to form a European med-tech group to benefit form the growing demand for complex components in the med-tech industry from a single source. The combined group will generate revenues of approximately EUR 85 million annually.
DZ BANK AG
Advised in the sale of
Nicolay GmbH
to