# Advanced MedTech Holdings acquires majority stake in WIKKON

Advanced MedTech Holdings announced the acquisition of a majority interest in WIKKON, a Chinese market leader in urology and shock wave therapy devices based in Shenzhen. The deal strengthens AMTH's presence in China and is expected to close fully by end of 2022.

- Type: Acquisition
- Announced: 2022-09-13
- Where: Shenzhen, China, China
- Status: announced
- Products: urology treatment devices, shock wave therapy devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Advanced MedTech Holdings](https://endata.com/companies/65262.md) (acquirer)
- [WIKKON](https://endata.com/companies/65263.md) (target)

## Sources

- [dornier.com](https://www.dornier.com/americas/news-plugin/amth-acquires-wikkon/), 2022-09-13: "The acquisition will significantly strengthen AMTH’s direct presence in China."

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