Friday, 15 March 2024
The commercial law firm Orth Kluth has once again advised Axon Lab AG on a transaction. The distribution company Color Trading Sp. z o.o. was acquired with effect from March 1, 2024. The parties have agreed not to disclose the purchase price.
The acquisition will enable the company to continue to focus on the strong local IVD and hospital care business in Poland. All employees were taken over as part of the transaction.
Axon Lab AG, headquartered in Baden-Dättwil, Switzerland, is a European medical technology company active in the fields of IVD, medical IT and applied science. In cooperation with renowned international supply partners, it has been distributing innovative systems to clinics, doctors and the research industry for over 30 years. The company employs over 400 people in eleven countries – Switzerland, Austria, Germany, the Czech Republic, Slovenia, Slovakia, Croatia, Belgium, Luxembourg, the Netherlands and now Poland. Axon Lab AG has a subsidiary, Axon Biotech GmbH, based in Hengersberg, Germany, which manufactures microbiological and biological transport systems.
The Düsseldorf-based Orth Kluth team led by corporate/M&A partner Dr. Robert Orth has already advised the investor on previous transactions in Europe. For this transaction, the law firm jdp-law from the international Orth Kluth network was involved for the Polish legal issues. Dr. Robert Orth comments: “We are pleased that we were able to act for our client again and that the company will now also have a strong presence in the Eastern European market in the important area of hospital care.”
Advisory lawyers Orth Kluth: Dr. Robert Orth (partner, lead), Dr. Lars Karsten (salary partner).
jdp-law advising lawyers: Dr. Marcin Chomiuk (partner, lead), Anna Nowodworska (senior associate)