Wallaby Medical Acquires German Neurovascular Leader phenox (including femtos)

April 21, 2022

Wallaby Medical acquired phenox GmbH (including femtos GmbH) from investors including SHS and NRW Bank in a transaction announced April 21, 2022, for approximately EUR 500 million including milestone payments. The deal combines Wallaby's and phenox's complementary neurovascular product portfolios and manufacturing capabilities to accelerate geographic expansion and broaden R&D and commercial reach across the U.S., Europe, China and Japan.

Buyers
Wallaby Medical
Targets
phenox GmbH, femtos GmbH
Sellers
SHS Gesellschaft für Beteiligungsmanagement mbH, NRW Bank
Industry
Medical Devices
Location
North Rhine-Westphalia, Germany
Transaction Type
Buyout

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