GÖRG Assists Vitrolife to Acquire World Leaders in IVF Laser Technology
[Berlin, ] GÖRG assisted Swedish Vitrolife AB (publ) on its recent acquisition of 100% of the shares in German-based OCTAX Microscience GmbH (“OCTAX”) and MTG Medical Technology Vertriebs-GmbH. Vitrolife thereby strengthens its market position and broadens its product portfolio within a growth segment of IVF.
Founded in 1994 in Gothenburg, Sweden, Vitrolife is a global company contributing products in the in-vitro fertilisation (IVF) sector. Its mission is to support customers to achieve successful diagnostic and treatment outcomes by providing valued solutions and services for assisted reproduction. Vitrolife has locations in more than 10 countries globally and has sales in over 110 countries. It is a recognised market leader and conducts extensive research and development in the IVF field. Vitrolife’s shares are listed on the NASDAQ OMX Stockholm, Nordic Mid Cap.
GÖRG was instructed by Swedish Advokatfirman Lindahl (Partner Olof Thorsell and team, Gothenburg), acting as Vitrolife’s regular transactions counsel. GÖRG’s Berlin-based team consisted of experts in Corporate/M&A, Healthcare/Regulatory, Labour and Employment and IP.
About OCTAX and MTG Medical Technology Vertriebs-GmbH
OCTAX is the developer and producer of the world-leading OCTAX Laser and Imaging Systems. MTG is the exclusive global distributor of OCTAX and acts as a distributor in Germany, Austria and Switzerland for IVF products from other manufacturers as well. Furthermore, MTG develops and markets a range of its own IVF products globally. The head office of OCTAX and MTG is located in Bruckberg, Germany. Consolidated net sales for OCTAX and MTG in 2015 amounted to approximately EUR 8.5 million.
Advisors to Vitrolife AB
GÖRG Partnerschaft von Rechtsanwälten mbB
Christopher J. Wright, J.D., LL.M., Counsel, Corporate/M&A, Berlin
Dr. Ünsal Demir, Partner, Corporate/M&A, Berlin
Dr. Marc Schüffner, Associated Partner, Healthcare/Regulatory, Berlin
Niko Stutz, Associate, Labour and Employment, Berlin
Anne Schönfleisch, Associate, Intellectual Property, Berlin
Advisors to sellers of OCTAX and MTG
KPMG Rechtsanwaltsgesellschaft mbH (Frankfurt)