Inflexion, a leading European mid-market private equity firm, has agreed to acquire Primed Group, a specialist German manufacturer and distributor of single-use medical consumables and operator of one of Europe’s largest medical sterilization platforms. The business is being acquired from Paragon Partners, a DACH-focused private equity firm. The investment is being made from Inflexion’s Buyout Fund VI and represents the firm’s sixth investment in the DACH region and its third healthcare investment there, following minority stakes in Proteros and Tierarzt Plus Partner. Financial terms were not disclosed.
Founded in 1946 and headquartered in Halberstadt, Germany, Primed designs, manufactures, and distributes certified single-use medical consumables across a vertically integrated platform that spans the full value chain from compounding through to final sterile product. The company employs more than 450 people, holds Medical Device Regulation (MDR) certification, and supplies hospitals and medical care facilities in more than 70 countries. Primed also operates HA2, one of Europe’s largest medical sterilization platforms — a business unit that sterilizes products for other medical device manufacturers.
Inflexion has partnered with two healthcare industry executives to support the investment. Wolfgang Suessle brings more than 25 years of healthcare experience, including 15 years as CEO and President of Lohmann & Rauscher, a major medical consumables company. Justin Barnes has over 25 years in the medical device sector, having co-founded several businesses and held senior leadership roles, including CEO of 30 Technology and Non-Executive Director of Rayner. Both will join Primed’s Board of Directors.
Under Inflexion’s ownership, the strategic plan centers on continued investment in Primed’s core product range, accelerated product development, international expansion through targeted acquisitions, and growth in the sterilization business. The acquisition adds to Inflexion’s growing DACH portfolio, which also includes MAP, Finanzen.net, and dss+.
