K&L Gates Advises Mölnlycke on Acquisition of German Medical Technology Company SastoMed
Founded in 2010, SastoMed is a German company which has developed and commercialized two oxygen-based wound care products central to this acquisition. With this transaction, Mölnlycke expands its wound care portfolio with new innovative products.
K&L Gates has been working with Mölnlycke for many years. The transaction also included structuring and securing patent protection for the SastoMed products.
The K&L Gates team that advised Mölnlycke was led by partner Dr. Wilhelm Hartung (Berlin, corporate/M&A) and senior associate Andreas Menge (Berlin, corporate/M&A and life sciences) who were supported by partners Klaus Schubert (IP/IP litigation, Berlin), Volker Gattringer (corporate/M&A and insolvency law, Frankfurt), Arthur Artinian (IP, London); counsel Christiane Schweizer (patent attorney/life sciences, Berlin), Julia Goetz (IP, Berlin), Marion Baumann (competition law, Berlin), and Dr. Michael Kreft (tax, Munich); as well as associates Daniel Mösinger (corporate/M&A, Berlin), Aleksi Majakulma (corporate/M&A, Berlin), Dr. Thomas Nietsch (commercial/IT, Berlin), Patrick Marré (commercial/IT, Berlin), and associate Leonie Meißner (employment law, Berlin); and senior associate Nils Neumann (employment law, Berlin).
Mölnlycke is a world leading medical solutions company. It develops and brings to market innovative wound care and surgical solutions along the entire continuum of care – from prevention to post-acute settings. Its solutions provide value for money, supported by clinical and health economic evidence.
Mölnlycke was founded in 1849. Nowadays, its solutions are available in around 100 countries; Mölnlycke is the number one global provider of advanced wound care and single-use surgical products; and Europe’s largest provider of customized trays. Its headquarters are in Gothenburg, Sweden and it has about 7,700 employees around the world. Learn more at molnlycke.com.
K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.