Ashurst has advised Odewald KMU Gesellschaft für Beteiligungen mbH on financing the acquisition of Domilens Beteiligungs GmbH via its portfolio company Polytech. The seller is the leading investment company BPE.

Both companies profit from the merger, since both Domilens GmbH and Polytech are companies with strong brands and complementary product ranges. As a result of this transaction, Domilens GmbH and the Polytech Group will become the largest manufacturer-independent traders and service providers in the field of eye surgery in Europe.

The Ashurst team was led by Munich finance partner Dr Bernd Egbers, assisted by associate Isabell Pöller and paralegal Anna Zoth.

From Odewald KMU partner Heiko Arnold and Axel Reske accompanied the transaction.

Odewald KMU regularly instructs Ashurst in connection with acquisition financings. Most recently the firm advised Odewald in June 2013 on financing the acquisition of Spieth & Wensky group.

Odewald KMU is a leading German independent, partner-led private equity group with an investment focus on established medium-sized companies with high-growth potential in Germany, Austria and Switzerland.