Medline’s Acquisition of Asid Bonz

ADVANT Beiten advised Medline International B.V. on the deal. White & Case advised Medi-Globe.

Medline International B.V., a leading manufacturer and distributor of healthcare supplies in Europe, and Medi-Globe Group, headquartered in Germany, has entered into a definitive agreement to acquire 100% of shares of ASID BONZ GmbH from Medi-Globe Group.

The acquisition by Medline was executed through the German group company Medline International Germany GmbH.

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.

The ADVANT Beiten team included Dr Sebastian Weller (Picture – 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).

The White & Case was led by partner Dr Stefan Koch.

Involved fees earner: Patrick Alois Hübner – ADVANT Beiten Burkhardt; Simon Bauer – ADVANT Beiten Burkhardt; Christian Frederik Döpke – ADVANT Beiten Burkhardt; Nico Frielinghaus – ADVANT Beiten Burkhardt; Marion Frotscher – ADVANT Beiten Burkhardt; Christoph Heinrich – ADVANT Beiten Burkhardt; Tassilo Klesen – ADVANT Beiten Burkhardt; Katrin Lüdtke – ADVANT Beiten Burkhardt; Marko Mirceta – ADVANT Beiten Burkhardt; Sascha Opheys – ADVANT Beiten Burkhardt; Andrea Pomana – ADVANT Beiten Burkhardt; Markus Schönherr – ADVANT Beiten Burkhardt; Peter Weck – ADVANT Beiten Burkhardt; Sebastian Weller – ADVANT Beiten Burkhardt; Mathias Zimmer-Goertz – ADVANT Beiten Burkhardt; Stefan Koch – White & Case;

Law Firms: ADVANT Beiten Burkhardt; White & Case;

Clients: Medi-Globe Group; Medline Industries, Inc.;

Federica Tiefenthaler

Author: Federica Tiefenthaler