M&A Deal Summary

ELITech Group Acquires Gonotec

On July 14, 2021, ELITech Group acquired medical products company Gonotec

Acquisition Highlights
  • This is ELITech Group’s 1st transaction in the Medical Products sector.
  • This is ELITech Group’s 1st transaction in Germany.

M&A Deal Summary

Date 2021-07-14
Target Gonotec
Sector Medical Products
Buyer(s) ELITech Group
Deal Type Add-on Acquisition

Target

Gonotec

Berlin, Germany
Gonotec is an osmometer technology that offers a full range of osmometry solutions for meeting specific needs enabling physicians to more rapidly and accurately diagnose disease and determine the proper course of patient treatment. Gonotec is based in Berlin, Germany.

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Buyer(S) 1

Buyer

ELITech Group

Puteaux, France

Category Company
Founded 1987
Sector Medical Products
Revenue 125M EUR (2013)
DESCRIPTION

ELITech Group provides a fully integrated diagnostics platform developing equipment and reagents with strong positions in niche and growing sub-segments of molecular diagnostics, microbiology, and clinical chemistry. It has developed a razor-razorblade model through the placement of diagnostic instruments which provide a resilient revenue stream from reagents, consumables, spare parts, and services. ELITech Group was founded in 1987 and is based in Puteaux, France.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1