Germany: Elos Medtech to acquire Klingel from IK Partners with proceeds from rights issue

Elos Medtech, a Sweden-based development and manufacturing partner for medical devices, is acquiring CDMO Klingel Holding from IK Partners, a European private equity firm, and management. The purchase price corresponds to an enterprise value of €370m (US$407m) with the transaction financed by a prospective rights issue that will be guaranteed through the subscription and guarantee…