Lohmann & Rauscher (L&R) completed the acquisition of 49% of the shares of ADA Group, a Portuguese manufacturer of gauze, nonwoven products and medical disposables. The strategic cooperation takes effect retroactively from January 1, 2025.
Allmed Medical Products Co., Ltd. has acquired 100% equity of Lohmann & Rauscher China Medical Products Co., Ltd., a wholly-owned subsidiary of Lohmann & Rauscher Group in China, and obtained exclusive agency for Lohmann & Rauscher's wound management products in China.
Lohmann & Rauscher (L&R) is acquiring a 49% share in the Portuguese ADA Group, a manufacturer of gauze, nonwoven products, bandages, incontinence products and medical disposables based in Seroa. The transaction is expected to close in Q3 2025.
Lohmann & Rauscher is investing €10 million in its subsidiary Richard Frères at Saint-Genest-Lerpt, France, to create a European R&D center for medical textile compression. Production is expected to start in 2024.