Diary Medical acquires all shares of German Metrax Medical Company

Recently, according to foreign media reports, Jiangsu Yuyue Group (hereinafter referred to as Yuyue Medical ) acquired the Metrax limited in the small town of Rottweil, Germany, in mid-February through its subsidiary Yuwell Germany GmbH established in Tuttlingen, Germany. The entire share of the responsible company.

According to relevant information, Metrax was founded in 1973 and employs 80 people. Since 1989, it has developed, produced and marketed emergency medical products , including PRIMEDIC automatic external defibrillators (AEDs) for emergency centers and hospital clinics. And professional defibrillators, it is reported that after the completion of the acquisition, Matrax's former general manager Tobias Mohry will be retained.

鱼跃医疗收购德国Metrax医疗公司全部股份

Defibrillator from Metrax

In fact, this acquisition has already begun to appear in early February.

On February 7, Yuyue Medical announced the announcement of the capital increase of the German subsidiary. The announcement stated that the company had increased its capital to Yuwell Germany GmbH, a wholly-owned subsidiary of Germany, with self-raised funds. The total capital increase did not exceed 20 million euros. The capital increase was completed. The registered capital of Yuwell Germany does not exceed 30 million Euros.

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According to the announcement, Yuwell Germany GmbH was established in 2016. The heads of the company are Bucher and Wu Qun. The registered capital is 500,000 Euros. The business scope covers the production and sales of medical equipment . Investment and investment management for other companies, 2016, Yuwell Germany The company's operating income is about 2.5 million, and the net profit is about -33.30 million yuan.

鱼跃医疗收购德国Metrax医疗公司全部股份

Although it is seriously unable to meet the burden, Yuyue Medical said that the development of overseas markets and the implementation of internationalization strategy have always been the direction of the company. Yuwell Germany GmbH, as the center of R&D, manufacturing and business development in Europe, has been established for a year, providing convenience for domestic executives and core technicians to understand and intervene in the European medical device ecosystem. At the same time, the subsidiary The management team actively collects the most cutting-edge information in the industry and looks for overseas business cooperation and M&A opportunities.

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