Baker Tilly Advises KLS Martin Group on the Acquisition of Medical Magnesium GmbH

Munich, October 24, 2024 – With the support of Baker Tilly, the medical technology specialist KLS Martin Group has completed the full acquisition of Medical Magnesium GmbH. The legal advisory team, led by Baker Tilly Munich partner Stephan Zuber, covered areas such as legal due diligence, M&A advisory, process management, preparation of transaction documents, and assistance with the acquisition negotiations. The purchase price remains undisclosed.

The Tuttlingen-based KLS Martin Group develops, manufactures, and markets medical technology products, including implant systems, high-frequency surgical devices, surgical lasers, sterilization containers, surgical lights, and instruments. The globally operating family-owned company has been a strategic partner of Medical Magnesium since 2018. Medical Magnesium, based in Aachen, develops and produces highly functional, resorbable implants for surgical applications. With this transaction, KLS Martin Group now holds 100% of the shares in Medical Magnesium GmbH.

"We are delighted to have supported our client in this strategically significant step and the consistent expansion of its product portfolio. We congratulate KLS Martin on this forward-looking acquisition and sincerely thank them for their trust and excellent cooperation," commented Baker Tilly partner RA Stephan Zuber on the successful project.

The Baker Tilly deal team, led by Munich partner Zuber, included RA Daniela Stephan (Corporate, M&A), RA Kerstin Weckert and RA Marco Stahn (both Labor Law), and RA Dr. Christian Engelhardt (IP/IT).

For more information about KLS Martin Group, click here.