Sunday, November 24, 2024

Majority stake snapped up in Leeds medical equipment manufacturer

Reinsberg Group, the MedTech holding of BHM group, a Prague-based investment firm, has acquired a majority stake in Brandon Medical, a Leeds-based company specialising in the development and manufacturing of medical equipment.

This acquisition is a key part of Reinsberg Group’s strategy to build a strong group of independent European medical manufacturers, leveraging their capabilities to achieve economies of scale in the global consolidation of the medical industry.

“This move strengthens our market position especially in the UK market as well as in the area of hospital products as lights, integration and other products while supporting the growth and innovation of Brandon Medical,” said Dr. Markus Keussen, CEO of Reinsberg Group. “We are excited to welcome this company into our family and continue developing it with a focus on its key products, both in the UK and globally.”

Brandon Medical is a manufacturer and designer of advanced technological solutions for operating theatres, critical care, and primary care, with over 70 years of experience in the healthcare sector.

This acquisition is part of Brandon Medical’s long-term succession plan to ensure the company’s strategic growth and sustained success in a dynamic and fast-changing marketplace.

Adrian Hall, Chief Executive Officer, Brandon Medical, said: “As part of a larger group we now have the opportunity to leverage a wider pool of expertise, resources, and innovation. This will allow us to accelerate innovation and enhance the value we deliver to our customers, partners, and stakeholders. Together, we are positioned to drive even greater success, fostering innovation and creating new opportunities in our global markets.”

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