Press release |


ADVANT Beiten advises Medline on the acquisition of Asid Bonz

Duesseldorf, 20 May 2022 – ADVANT Beiten has provided comprehensive legal advice to Medline International B.V., a leading manufacturer and distributor of medical devices in Europe, on the acquisition of 100 per cent of the shares in Asid Bonz GmbH, a leading German supplier of medical devices, from Medi-Globe Group, a portfolio company of Duke Street investment fund. The parties have agreed not to disclose the transaction volume. The acquisition by Medline was executed through the German group company Medline International Germany GmbH.

The ADVANT Beiten team around lead partner Dr Sebastian Weller provided full support for the complex transaction across practice groups and offices: from the preparation and structuring of the transaction (including due diligence), to the negotiation, implementation and closing of the transaction including antitrust notification.

Medline is a leading global healthcare company that manufactures and distributes high-quality medical and surgical products. Medline Europe was founded in 2011 and operates branches, as well as production and distribution centres throughout Europe.

Asid Bonz is a leading supplier to clinics and hospitals in Germany, offering high-quality products for surgery, anaesthesia, ward care and urology. Asid Bonz was founded in 1811 and is known worldwide for having developed the first anaesthetic ether. In 2021, Asid Bonz achieved a turnover of more than 30 million euros and supplied more than 1,100 hospitals in Germany.

With similar business models and excellent customer service, the two companies are an excellent strategic fit. In the future, Medline will make the Asid Bonz brand available to its broad European customer base outside of Germany. Within Germany, Asid Bonz sales representatives will have access to selected Medline products to further expand their partnership with customers.

Advisor to Medline International B.V.:
ADVANT Beiten: Dr Sebastian Weller (Corporate/M&A, in charge), Nico Frielinghaus (Corporate/M&A), Dr Tassilo Klesen (Corporate/Commercial), Markus Schönherr (Corporate/M&aA), Dr Patrick Hübner (Investment Control), Peter Weck (Labour Law), Dr Andrea Pomana (Antitrust), Christoph Heinrich (Antitrust), Marco Mirceta (Antitrust), Mathias Zimmer-Goertz (IP), Christian Döpke (Data Protection), Dr Marion Frotscher (Tax), Simon Bauer (Tax), Katrin Lüdtke (Public Law), Sascha Opheys (Subsidies).

Advisor to Medi-Globe Europe:
White & Case: Dr Stefan Koch, lead partner

Media Contact
Frauke Reuther
Manager Kommunikation
ADVANT Beiten
+49 (69) 75 60 95 - 570
Frauke.Reuther@advant-beiten.com

Dr Sebastian Weller
Lawyer
ADVANT Beiten
+49 (211) 51 89 89 - 134
Sebastian.Weller@advant-beiten.com


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Experts

Dr. Sebastian_Weller_Experte_BEITEN_BURKHARDT

Dr Sebastian Weller

Rechtsanwalt

Partner

Nico_Frielinghaus_Experte_BEITEN_BURKHARDT

Nico Frielinghaus

Rechtsanwalt, Steuerberater

Partner

 Tassilo_Klesen_Experte_BEITEN_BURKHARDT

Tassilo Klesen

Rechtsanwalt

Partner

Markus_Schönherr_Experte_BEITEN_BURKHARDT

Markus Schönherr

Rechtsanwalt

Patrick_Hübner_Experte_BEITEN_BURKHARDT

Dr Patrick Alois Hübner

Rechtsanwalt, M.A. (China Studies)

Partner

Peter_Weck_Experte_BEITEN_BURKHARDT

Peter Weck

Rechtsanwalt

Partner

Andrea Pomana_Experte_ADVANT Beiten

Dr Andrea Pomana

Rechtsanwältin

Partner

Christoph_Heinrich_Experte_BEITEN_BURKHARDT

Christoph Heinrich

Rechtsanwalt

Partner

Marko Mirceta_Experte_ADVANT Beiten

Marko Mirceta

Rechtsanwalt

Mathias_Zimmer-Goertz_Experte_BEITEN_BURKHARDT

Mathias Zimmer-Goertz

Rechtsanwalt

Partner

Christian Frederik_Döpke_Experte_BEITEN_BURKHARDT

Christian Frederik Döpke

Rechtsanwalt, LL.M., LL.M.

Marion_Frotscher_Experte_BEITEN_BURKHARDT

Dr Marion Frotscher

Rechtsanwältin, Steuerberaterin, M.I.Tax

Partner

Simon Bauer

Rechtsanwalt, Steuerberater

Katrin_Lüdtke_Experte_BEITEN_BURKHARDT

Katrin Lüdtke

Rechtsanwältin, Licensed Specialist for Administrative Law

Partner

Sascha_Opheys_Experte_BEITEN_BURKHARDT

Sascha Opheys

Rechtsanwalt, Licensed Specialist for Procurement Law

Partner