MEG Medical Equipment GmbH ("Medical Equipment Group"), parent company of Funke Medical GmbH ("Funke Medical"), 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 an expert in medical systems for lying down and positioning of patients. As market leader in the Dutch care sector, DERON focuses not only on decubitus prophylaxis and therapy, but also relieves the burden on caregivers with software-based solutions and "smart" mattresses.
DERON is the leading provider of medical aids for the prevention and therapy of decubitus in the Netherlands. DERON is also positioned as an innovation leader who differentiates 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. The long-term oriented partnership between HQIB, Funke Medical and DERON strives for sustainable growth, both organically and through add-on acquisitions. Further details of the transaction are not disclosed.
"When we established Medical Equipment Group in 2021, our goal was to successfully develop Funke Medical as the nucleus of a new group, to drive internationalization and to strategically advance in innovation and technology. We are happy to have found this partner in DERON, who complements our capabilities and introduces digital expertise to the group. We are looking forward to the partnership with Simone and Wilfried Grimberg and to working together with the whole DERON team", says Andreas Funke, CEO of Medical Equipment Group and Funke Medical.
"In Funke Medical we have found the ideal partner to export our innovations and technological developments beyond the Dutch borders. The complementary portfolios of Funke Medical and DERON broaden the market coverage of the Medical Equipment Group, accelerating growth and internationalization. As part of the Medical Equipment Group, we are excited to seize new growth opportunities for DERON, i.a. through the established distribution channels of Funke Medical with more than 1,400 customers in the fields of medical supply stores, nursing homes and clinics in Germany as well as in 34 additional countries", state Simone and Wilfried Grimberg, founders of DERON.
"We are delighted to strategically enhance the Medical Equipment Group with DERON. In particular, the strong focus on digital and sustainable products perfectly complements the Medical Equipment Group. We are optimistic to continue the successful growth path of both companies and remain on the lookout for attractive investment opportunities for the group", adds Florian Kunkel, Director at HQIB.