invendo medical GmbH
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invendo medical GmbH - overview
Established
1992
Location
Weinheim, -, Germany
Primary Industry
Medical Devices & Equipment
About
invendo medical GmbH is a German company focused on developing innovative medical devices, particularly single-use endoscopes designed to enhance patient safety and streamline clinical procedures. Founded in 1992 in Weinheim, Germany, invendo medical GmbH specializes in single-use endoscopy solutions. In October 2017, the company was acquired by Ambu A/S for EUR 225 million. The acquisition was aimed at enhancing Ambu's portfolio of medical devices, specifically in the endoscopy market.
The company does not have subsidiaries or a parent company. invendo medical GmbH develops and provides single-use endoscopes that improve the quality of patient care in clinical settings. Their flagship products are designed for various procedures, addressing the issues related to traditional reusable endoscopes, including contamination risks and sterilization challenges. These devices are utilized by healthcare professionals worldwide, ensuring high standards of safety and hygiene in patient management.
In the most recent financial year of 2019, invendo medical GmbH reported a revenue of EUR 9,533,441. 10 and an EBITDA of EUR 4,259,584. 40, reflecting the company’s operational performance in the medical device sector. With the recent acquisition by Ambu A/S, invendo medical GmbH aims to leverage its innovative endoscopy products to penetrate new markets and expand its geographical reach.
The company plans to introduce new products in the upcoming years, focusing on enhancing its product line with advanced features tailored for specific medical applications. The EUR 225 million acquired will support these initiatives, facilitating product development and market expansion efforts.
Current Investors
Wellington Partners, TVM Capital Life Science, 360 Capital
Primary Industry
Medical Devices & Equipment
Sub Industries
Hospitals, Medical Devices & Equipment
Website
www.invendo-medical.com
Verticals
HealthTech
Company Stage
Acquired
Total Amount Raised
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