12. December 2024

ARQIS advised the hg medical GmbH on all legal aspects of the acquisition of ptu medical GmbH. For this purpose, hg medical has signed a binding agreement to acquire ptu medical from its sole shareholder Tevfik Uzun. In future, both companies will combine their expertise to offer new product categories and a broader portfolio. The founder will remain with the company as CEO after the acquisition. All parties involved have agreed not to disclose further details of the transaction, such as the purchase price.

hg medical is a leading manufacturer of orthopedic implants and specialises in medical technology solutions for the extremities and the spine. The company is headquartered in Raisting, Bavaria, and also has a site located in the USA.

ptu medical, based in Spaichingen, Baden-Württemberg, is a leading manufacturer of orthopedic drills, cutting instruments and implants for the spine, extremities and trauma surgery.

Elisa Patricia Suhl, Head of M&A at hg medical, added: “The acquisition of ptu medical marks hg medical’s first add-on acquisition. This is a transformational moment for both organizations. We are firmly convinced that the combination of hg medical and ptu medical will be highly value-creating for our customers and highly synergistic for our group. We warmly welcome Tevfik and his full team into the group.”

ARQIS, under the lead of partner Dr. Jörn-Christian Schulze, advised hg medical on all legal aspects of this transaction. hg medical and its shareholder Astorg relied for the first time on the legal advice of ARQIS. For the re-investment of the founder, ARQIS worked together with a team from Gibson, Dunn & Crutcher.

Advisor to hg medical

ARQIS (Dusseldorf): Dr. Jörn-Christian Schulze (Lead), Laura Ally-Rizzi (Internal Project Management, both Transactions), Partner: Dr. Ulrich Lienhard (Real Estate), Marcus Nothhelfer (IP), Counsel: Sina Janke (Compliance), Jens Knipping (Tax), Anja Mehrtens (HR Law), Managing Associates: Dr. Maximilian Backhaus, Carolin Schlütter-Lückel (both Transactions), Tim Bresemann, Diana Puchowezki (both Real Estate), Nora Stratmann (Commercial), Daniel Schlemann (Data Law), Rolf Tichy (IP), Luise Schüling (Regulatory), Associates: Rebecca Gester (Commercial), Anna Hellmann, Anna Munsch, Luzia Schulze Froning (all HR Law), Marius Mesenbrink (Japan Desk), Finn-Ole Münchow (Regulatory), Senior Legal Specialist: Qing Xia