# Medartis acquires 25% stake in KeriMedical for CHF 10 million

Medartis Holding AG acquired a strategic minority stake of 25% in KeriMedical for CHF 10 million, with exclusive distribution rights in selected markets and a partnership in product development.

- Type: Acquisition
- Announced: 2020-12-01
- Where: Geneva, Switzerland
- Value: $11.0M (10.0M CHF)
- Status: completed
- Products: implants for hand and wrist surgery, Touch prosthesis
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medartis](https://endata.com/companies/25965.md) (acquirer)
- [KeriMedical](https://endata.com/companies/51558.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/medartis-announces-strategic-partnership-with-kerimedical/167c0215-9865-4a47-b120-c026d95ad3f3), 2020-12-01: "Medartis has acquired a stake of 25% in KeriMedical effective 30 November 2020 for a purchase price of CHF 10 million."

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