Astorg Mid-Cap acquires majority stake in hg medical

Astorg Mid-Cap signed an agreement to acquire a majority stake in hg medical, a manufacturer of orthopaedic implants, from NORD Holding. hg medical has facilities in Germany and the USA.

“This is Astorg Mid-Cap’s first investment in Germany and, after the investment of our flagship fund Astorg VIII into Corden Pharma last year, the second transaction of Astorg in Germany since we opened our Frankfurt office in 2022.”astorg.com

• 2 sources
• astorg.comAstorg Mid-Cap acquires a majority stake in hg medicalMay 5, 2023
• hg-medical.deBig news at hg medical! - hg medical GmbHJohannes HagenmeyerMay 22, 2023

Summarized from public sources; check the original articles before acting on it.