Karl Storz Expands Swiss Footprint with Anklin Acquisition
Deal News | Feb 11, 2025 | Legal Community Swiss
Karl Storz, a prominent German company in the medical instruments and endoscopy sectors, has acquired Anklin, a Swiss distributor specializing in high-precision medical instruments and devices. This acquisition comes as the culmination of a longstanding commercial relationship where Anklin primarily distributed Karl Storz products throughout Switzerland. With over 9,400 employees globally, Karl Storz enhances its operational presence in Switzerland. Zurich-based legal firm MME, with a team led by corporate and M&A partner Alex Enzler, along with specialists in regulatory, competition, and employment law, advised Karl Storz throughout the transaction.
Sectors
- Medical Devices
- Legal Services
Geography
- Germany – The home country of Karl Storz, the acquiring company.
- Switzerland – The location where Anklin operates and was acquired by Karl Storz.
Industry
- Medical Devices – This industry involves the manufacturing and distribution of medical equipment, which is central to both Karl Storz's and Anklin's operations.
- Legal Services – The legal oversight and guidance provided by MME during the acquisition is reflective of this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Karl Storz | Acquirer | Company | A German family-owned company focusing on medical instruments and endoscopy. |
| Anklin | Target | Company | A Swiss distributor of high-precision medical instruments for endoscopy, mainly distributing Karl Storz products. |
| MME | Legal Advisor | Company | Zurich-based law firm advising Karl Storz in the acquisition of Anklin. |
| Alex Enzler | Corporate and M&A Partner | Person | Led the MME team advising Karl Storz. |