ARQIS advises management on entry in Medi-Markt Group

29. November 2018

The Belgian investment company Gimv acquires the majority in Medi-Markt Homecare-Service GmbH and Medi-Markt Service Nord Ost GmbH, as well as a number of affiliated companies. ARQIS has advised the management on the transaction, which has acquired the minority in the newly founded group.

Medi-Markt Homecare-Services and Medi-Markt Service Nord Ost operate primarily as service providers in incontinence care products. These transactions are part of a succession plan for both companies. The companies and their affiliates, which together employ around 225 people, have been operating in different regional areas. In future, they will operate jointly as a group under the Medi-Markt brand.

Markus Reichel, until now Managing Director of Medi-Markt Homecare-Service GmbH, will be the group’s CEO and co-shareholder. He states: “Together with our new growth partner Gimv, we want to further expand our product offering and advance into adjacent segments. We are also considering acquisitions of suitable companies.”

The ARQIS-Team around Dr. Jörn-Christian Schulze is very experienced in advising on health care transactions. They entered the mandate after a recommendation by Dr. Ralf Nowak, Partner at the consulting company Livingstone.

Advisors to management

ARQIS Rechtsanwälte (Dusseldorf): Dr. Jörn-Christian Schulze (lead); Associates: Thomas Chwalek (both Corporate/M&A), Carina Engelhard (Labour Law)

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