Global law firm White & Case LLP has advised international private investment house Ardian on the sale of SCHWIND eye-tech-solutions GmbH, one of the world's leading specialists in laser systems for the treatment of vision defects and corneal diseases, to private equity company Adagia Partners.
The details of the transaction have not been disclosed by the parties.
Ardian is a leading international private investment house managing assets of US$120 billion, with more than 800 employees working in fifteen offices, across Europe, the Americas and Asia.
More than 1,300 SCHWIND laser systems are currently installed in ophthalmic practices, eye clinics, laser centres and university hospitals in over 100 countries worldwide. Its laser systems are used in a variety of eye surgeries and in minimally invasive lenticule extraction. Through its digital networking of diagnostic devices and eye laser systems, as well as complementary services, SCHWIND offers a one-stop treatment solution.
The White & Case team which advised on the transaction was co-led by partners Stefan Koch and Tomislav Vrabec (both Frankfurt) and included partners Martin Munz (Hamburg), Andreas Lischka (Frankfurt) and Tilman Kuhn (Düsseldorf), local partners Thyl Hassler (Düsseldorf), Lars Petersen (Hamburg) and Sebastian Stütze (Frankfurt), and associates Eojin Lie, Marco Stephan, Alexander Sansotta, Markus Fischer (all Frankfurt), Timo Heppner (Düsseldorf) and Louisa Maier-Witt (Hamburg).
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