# Serres Group acquires majority stake in Innokas Medical

Serres Group Oy became the majority shareholder of Innokas Medical Group, investing 4 million euros in the company. The acquisition aims to develop Innokas Medical into a leading co-creation partner in medical technology.

- Type: Acquisition
- Announced: 2017-02-08
- Where: Finland
- Value: $4.24M (4.00M EUR)
- Status: completed
- Products: medical devices, suction systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Serres Group](https://endata.com/companies/22054.md) (acquirer)
- [Innokas Medical](https://endata.com/companies/22055.md) (target)

## Sources

- [blog.innokasmedical.fi](https://blog.innokasmedical.fi/blog/2017/02/08/new-finnish-main-owner-for-innokas-medical), 2017-02-08: "Serres’ aim is to develop Innokas Medical to become a leading co-creation partner in medical technology globally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.