Add-on: StatLab Medical Products acquires Waldemar Knittel Glass Processing
Braunschweig/ Munich/ Texas — Oppenhoff advised the US-based StatLab Medical Products Group on the acquisition of all shares in Waldemar Knittel Glasbearbeitungs GmbH. StatLab continues its strategy to expand globally, providing the most stable supply chain of high quality products for laboratories around the world. StatLab has been a portfolio company of private equity investors Audax Private Equity and Linden Capital Partners since 2021.
Headquartered in Texas, USA, StatLab was founded in 1976 and is a leading developer and manufacturer of anatomic pathology consumables, labeling and control equipment for research and clinical laboratories.
Knittel was founded in Braunschweig, Germany in 1987 and is one of the world’s largest manufacturers of microscope slides and coverslips produced in ISO13485 certified facilities. Knittel also offers technical consulting services for the glass industry.
Audax Private Equity, based in Boston and San Francisco, USA, is a leading middle-market investment firm with approximately $16 billion in assets under management. Since its founding in 1999, the company has invested in more than 160 platforms and 1,200 add-ons. Audax Private Equity is part of the Audax Group.
Linden Capital Partners, based in Chicago, USA, is a private equity firm focused exclusively on the healthcare industry. Since its inception in 2004, Linden has invested in more than 40 healthcare companies, with a total of more than 250 transactions.
Advisor StatLab Medical Products Group: Oppenhoff
Lead by Dr. Markus Rasner included Moritz Schmitz, Till Liebau, Lisa Zimmermann (all private equity), Dr. Gunnar Knorr (tax), Dr. Simon Spangler (merger control), Stephan Müller, Dr. Carsten Bormann (Investment Control), Marc Alexander Häger, Julia Höyng (Real Estate), Anja Dombrowsky, Cornelia-Cristina Scupra (Labor Law), Dr. Jürgen Hartung, Tobias Kollakowski, Patrick Schwarze (IT/Data Protection), Dr. Hanna Schmidt (Commercial) and Georg Lecheler (Intellectual Property).
Oppenhoff regularly advises on add-ons of private equity portfolio companies, such as most recently DISA Global Solutions on the acquisition of SIGNUM Consulting, Christ & Wirth Haustechnik on the acquisition of Möller Klima-Kälte GmbH or the MRH Trowe Group on the acquisition of Lurse AG.
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