By: IPP Bureau
Last updated : January 16, 2025 7:50 am
In 2023, Endox had revenues of approximately SEK 65 million
Alleima has completed the previously announced acquisition of Endox Feinwerktechnik GmbH & Endox Polska SP.zo.o. (Endox), a Germany-based manufacturer specializing in medical components for endoscopic applications. The company will be reported in the Kanthal division.
Endox was founded in 2001, has 90 employees and is headquartered in Dettingen, Germany with an additional manufacturing unit in Bielsko-Biala, Poland. In 2023, Endox had revenues of approximately SEK 65 million, and an EBIT margin slightly accretive to Kanthal. The parties have agreed not to disclose the purchase price. Impact on Alleima’s earnings per share will be slightly positive.