GPE Group

The company

GPE Group, a producer of specialized med-tech systems and components with production facilities in Dassow, Neumünster and Seebach, has acquired NICOLAY, a manufacturer of medical equipment based in Nagold, Germany. The combined group will generate revenues of approximately € 85 million annually. NICOLAYs core competences lie in the development and production of non-invasive patient surveillance equipment. The product range extends from existing in-house developments, which can be individually adapted, to tailor-made solutions according to customerspecific requirements. “Both companies complement each other with their different core competences. With the acquisition of NICOLAY, GPE will be able to satisfy the growing demand for complex components in the med-tech industry form a single source” says GPE CEO Steven Anderson. “In GPE we have found a strategic Partner, who shares the same values – product excellence and customer focus” adds Dr. Christof Muz, Managing Director of NICOLAY. Dr. Muz will retain responsibility for the existing NICOLAY sites and will also assume the position of Chief Technical Officer (CTO) of the combined group.


The transaction

The transaction is still subject to approval by the antitrust authorities. The seller and buyer have agreed not to disclose the financial terms of the transaction. The transaction will be financed by the capiton V fund.


capiton and GPE were advised by Roland Berger (commercial), KPMG (financial), EY (tax), CMS (legal), AvS (management audit) and Tauw (ESG).