KLINGEL Medical Metal
Status
Realised
Country
Germany
Strategy
Mid Cap
Sector
Entry
Jul-18
Exit
Dec-23
Fund
IK VIII
Website
News
IK Partners to sell Klingel Medical Group to ...Klingel medical metal acquires Swiss-based Me...IK portfolio company Klingel Medical Metal ac...Klingel acquires MedTech companies Bächler F...IK Investment Partners acquires KLINGEL medic...
Leading German contract manufacturer of complex, high-precision machined metal components
KLINGEL Medical Metal ("the Company") is a leading independent contract manufacturer of high-precision, hard-to-machine parts made from titanium and high-grade types of stainless steel.
The Company operates a vertically integrated business model with in-house capabilities spanning the entire production value chain from design to manufacture to final packaging, with a strategic focus on medical technology. KLINGEL’s high precision components go into various orthopaedic, cardiovascular and dental implants as well as instruments for endoscopy and robotic surgery. Working in partnership with its OEM customers across the medical technology as well as measurement and control industries, KLINGEL has gained a reputation for uncompromising quality.
The majority investment was acquired from Halder in July 2018. In December 2023, IK Partners sold their stake to Elos Medtech.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Increase organic growth with existing and new customers;
- Develop growth with new MedTech customers;
- Drive market consolidation through targeted M&A activity;
- Further optimise as well as automate operations; and
- Expand into new geographies.