04 Nov 2021 | 12:22 pm | 1 min. read
Multinational law firm Pinsent Masons has advised Zimmer MedizinSysteme GmbH on the acquisition of Enraf-Nonius B.V., including interests in France and Thailand, from managing directors Len De Jong and Tom Doodkorte.
Drawing upon the expertise of a multi-jurisdictional and cross-practice team, Pinsent Masons provided advice around the structuring of the transaction, due diligence and negotiation of the contractual documentation.
Zimmer MedizinSysteme, based in Neu-Ulm, Germany, is a leading medical technology company in physical therapy, diagnostics and ultrasound, cold therapy and aesthetic medicine. The company, which has subsidiaries in the USA, China, France, Austria, and Belgium, employs 500 people worldwide and generates sales of almost 120 million euros.
Netherlands based Enraf-Nonius is a market leading global medical equipment and rehabilitation products company, generating annual sales of around 45 million euros.
The deal adds significant strength to Zimmer MedizinSysteme’s market share.
The Pinsent Masons team acting on the transaction was led by Sven Schulte-Hillen and Markus J. Friedl and included colleagues from the firm’s Frankfurt and Paris offices as well as it’s Amsterdam office (opened earlier this year).
Commenting on the deal, Sven Schulte Hillen said:
“We are pleased that Zimmer MedizinSysteme GmbH relied on our expertise for this novel and exciting project. This is the first time we have worked with them in relation to an M&A deal and we hope that we will continue to work with them in the future as they go from strength to strength in the med-tech market.
Armin Zimmer, managing director of Zimmer MedizinSysteme added:
“It was a pleasure to work with the Pinsent Masons Team. The responsible partners were always available for me and were at any time in full command of the transaction.“
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