# Investor consortium acquires majority stake in DETAX

An investor consortium consisting of ECM, PINOVA and Gilde Healthcare Private Equity acquired a majority stake in DETAX, a German specialist in medical polymer materials, via a management buy-out. The transaction is subject to merger control approvals and financial details were not disclosed.

- Type: Acquisition
- Announced: 2021-12-03
- Where: Ettlingen, Germany, Germany
- Status: announced
- Products: biocompatible silicones, light-curing 3D resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [PINOVA Capital](https://endata.com/companies/47890.md) (investor)
- [DETAX](https://endata.com/companies/59422.md) (target)
- [ECM Equity Capital Management](https://endata.com/companies/59423.md) (investor)
- [Gilde Healthcare Private Equity](https://endata.com/companies/59424.md) (investor)

## Sources

- [gildehealthcare.com](https://gildehealthcare.com/news/all/gilde-healthcare-private-equity-as-part-of-investor-consortium-acquires-detax/), 2021-12-03: "An Investor Consortium consisting of funds managed by ECM Equity Capital Management GmbH, PINOVA Capital GmbH and Gilde Healthcare Private Equity has acquired a majority stake in DETAX Group."

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