Bird & Bird advises FUJIFILM on acquisition of medwork
Düsseldorf, Germany — Bird & Bird LLP has advised FUJIFILM Group on the acquisition of medwork GmbH, a German company that develops, manufactures and markets instruments for therapeutic and diagnostic endoscopy. medwork becomes a wholly-owned subsidiary of the Fujifilm Group, marking its full-scale entry into the endoscopic instrument market. — The approval of the antitrust authorities is still pending. The parties have agreed not to disclose the purchase price.
medwork develops, manufactures and markets endoscopic instruments from a single source. In Europe, the company has built up a strong reputation, mainly because of its extensive range of high-quality products and fast delivery service, including “same-day delivery”. The demand for minimally invasive endoscopic examinations and treatments is increasing globally due to low patient burden, and the endoscopic instruments market is expected to continue to grow strongly as a result.
This latest Fujifilm acquisition will significantly expand their endoscopic instrument product offering. Fujifilm’s overarching strategy is to meet a wide variety of medical needs in order to improve the quality of healthcare.
Advisors to FUJIFILM Group: Bird & Bird LLP Düsseldorf
Dr. Stefanie Orttmann, LL.M. Partner and Alfred Herda, Partner (both lead)
Associates: Jan Medele and Michael Maier (Corporate/M&A, Düsseldorf/Frankfurt), Partner Dr. Alexander Csaki (Regulatory, Munich), Partner Dr. Anna Wolters-Höhne and Associate Lucas Brons (both Patent Law, Hamburg), Partner Dr. Catharina Klumpp, LL.M. and Associate Benjamin Karcher (both Labor Law, Düsseldorf), Partner Dr. Dirk Barcaba and Counsel Elie Kaufman, LL.M. (both Real Estate, Frankfurt), Partner Dr. Michael Jünemann and Associates Julia Froehder and Liliana Rodrigues-Kaps (all Finance, Frankfurt), Partner Guido Bormann and Associates Johannes Woltering and Kristin Kattwinkel (all Regulatory, Düsseldorf), Counsel Dr. Stephan Waldheim and Associates Heike Lesch and Marcio Da Silva Lima (both EU & Competition, Düsseldorf), Counsel Lea Mackert, LL.M. and Associate Dr. Natallia Karniyevich (both Commercial, Düsseldorf) and Associate Julia Präger (Trademark Law, Düsseldorf).
The team worked closely with other Bird & Bird colleagues from Spain, Poland, France, the Netherlands and the UK as well as the Fujifilm in-house team led by Oboama Addy, Dr. Robert Ferschen, MBA, Satoshi Tanigawa, Dr. Robert Fischer (all FUJIFILM Europe GmbH) and Tsutomu Tokuda (FUJIFILM Corporation).
About Bird & Bird
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