Chequers Capital has sold Wörner Medizinprodukte Holding GmbH to DCC plc
Wörner was established in 1991 and has grown organically and through bolt-on acquisitions to become one of the leading primary care suppliers in the German market, providing nationwide sales and distribution coverage. Wörner also has a strong presence in the Swiss market. Wörner sells a broad product range to approximately 20,000 customers annually, including general practitioners, primary care centers, specialist medical centers and laboratories.
The acquisition of Wörner enables DCC to substantially expand its primary care distribution business by extending the footprint of its DCC Vital group into Continental Europe for the first time.
Lincoln International acted as the exclusive financial advisor to the seller, working closely with both Chequers Capital and the Wörner management team. Lincoln International managed a custom-tailored and competitive mergers and acquisitions (M&A) process.
Chequers Capital is one of the leading European investors in private, mid-sized companies. Chequers Capital was founded in Paris, France, in 1972 and is also active in Austria, Germany, and Switzerland (DACH region), Italy and Benelux, with a local office in Munich, Germany.
DCC is an international sales, marketing and support services group. It operates through four divisions: liquefied petroleum gas, retail and oil, technology and healthcare. DCC is listed on the London Stock Exchange and is a constituent of the Financial Times Stock Exchange 100 Share Index. In its financial year ending March 31, 2020, DCC generated revenue of £14.8 billion.
Meet our Senior Team
I am enthusiastic about creating sustainable growth and the highest value for our clients, and strive to leave a positive footprint beyond any successful M&A transaction.
Managing Director | Management Board MemberFrankfurt
View More Transactions in Healthcare
Lincoln International advised Syst'am, a portfolio company of Meanings Capital Partners, on the acquisition of Järven Health Care
Lincoln International advised Alaris Equity Partners, in partnership with Brookfield Special Investments, on raising $546 million in equity and $180 million in debt for Sono Bello
Lincoln International advised kiana group in its sale to Kalaidos, a subsidiary of Klett Group
Lincoln International advised Grant Avenue Capital in its launch with Helios Clinical Research
Lincoln International advised Accel-KKR on its sale of Cloud 9 Software to Planet DDS, a portfolio company of Aquiline Capital Partners and Level Equity
Lincoln International advised Reliable Medical, a portfolio company of Seven Hills Capital, on its acquisition of Orbit Medical
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.