Klingel Medical Metal Acquires puracon GmbH from SHS

SHS Capital Acquires Majority Stake in Ackermann Instrumente GmbH to Build Leading MedTech Group

July 8, 2025

Medical Devices

SHS Capital, via its fund SHS VI, has signed a binding agreement to acquire a majority stake in German surgical-instrument manufacturer Ackermann Instrumente GmbH. The investment is intended to support succession and growth, positioning Ackermann as a platform for building a leading, globally positioned MedTech group through further partnerships and add-on acquisitions.

Elos Medtech Acquires Klingel Medical Group from IK Partners

July 28, 2023

Medical Devices

Elos Medtech AB has agreed to acquire KLINGEL Holding GmbH (Klingel Medical Group) from IK Partners' IK VIII Fund. The acquisition expands Elos Medtech's CDMO capabilities and DACH footprint, combining Klingel's precision metal components, development services and sterile packaging expertise with Elos's global medtech platform.

Luciole Medical AG Acquires Spiegelberg GmbH & Co. KG from SHS Capital

June 27, 2023

Medical Devices

Swiss medtech company Luciole Medical AG has acquired Spiegelberg GmbH & Co. KG, a Hamburg-based maker of intracranial pressure probes and neurosurgical catheters, from healthcare private equity investor SHS Capital. The deal is intended to combine complementary product portfolios, manufacturing and sales channels to strengthen brain-monitoring capabilities and expand market presence in hospitals and neuroclinics.

Klingel medical metal Acquires Swiss MedTech CMO Ruetschi

November 18, 2021

Medical Devices

Klingel medical metal group, owned by IK Partners, has signed an agreement to acquire Ruetschi Technology Holding AG, a Swiss contract manufacturer for medical devices that employs more than 200 people across three sites in Switzerland and Germany. The deal expands Klingel's MedTech CMO capabilities—particularly sterile packaged single-use procedure kits for orthopedic, spinal and dental surgery—and is the fourth acquisition for Klingel since IK Partners invested in 2018.

IK Investment Partners Acquires Ondal Medical Systems

December 3, 2019

Medical Devices

IK Investment Partners' IK VIII Fund has agreed to acquire Ondal Holding GmbH, a global leader in medical pendant systems, from funds advised by Capvis. Ondal, headquartered in Hünfeld, Germany, operates manufacturing sites in Germany, the US and China and employs over 500 people; IK will partner with management to further grow the company's market position and technology leadership in medical pendants.

KLINGEL medical metal (IK) Acquires Bächler Feintech AG and Gehring Cut AG

March 26, 2019

Medical Devices

KLINGEL medical metal, a PE-backed precision medical technology platform owned by IK VIII Fund, has completed acquisitions of Swiss surgical instrument manufacturers Bächler Feintech AG and Gehring Cut AG. The add-ons expand KLINGEL's pan‑European MedTech CMO capabilities, adding manufacturing capacity, expertise and blue‑chip customers to better serve global medical device markets.