PRESS RELEASE
20 February 2023

KARL STORZ Acquires AventaMed DAC

RL
RDJ LLP

Contributor

At RDJ, we combine legal insight and human intelligence to deliver long-lasting business impact. As one of Ireland’s leading corporate law firms, we’re as ambitious for your business as you are. With offices in Cork, Dublin, Galway and London, we represent clients from scaling and established Irish companies to multinationals, financial institutions and global insurance companies with unique cross-sectoral expertise. We build meaningful relationships with clients and counsel to deliver tangible value for more sustainable businesses, becoming our client’s most trusted advisors and the number one employer of choice for legal talent in Ireland. And, by investing in the progress of our people and harnessing new technologies, we power agile decision-making that adds long-term value every step of the way. Legal Insights. Human Intelligence. Business Impact
RDJ advised AventaMed DAC on its acquisition by KARL STORZ, a German medical device company that manufactures and sells endoscopes and surgical instruments.
Ireland

RDJ advised AventaMed DAC on its acquisition by KARL STORZ, a German medical device company that manufactures and sells endoscopes and surgical instruments.

Based in Cork, AventaMed develops novel ENT medical devices which allows grommets to be placed safely and quickly in an office setting, eliminating the need for general anaesthesia and costly OR time. AventaMed was spun out of Munster Technological University in 2015. After gaining investment support through Enterprise Ireland and several angel investors based predominantly in Ireland, the company developed the Solo+ TTD, a breakthrough single-use medical device that addresses the pain points of the current treatment of the ENT surgical tympanostomy procedure.

Headquartered in Tuttlingen, Germany, KARL STORZ is a global manufacturer and distributor of endoscopes, medical instruments, and devices.

The RDJ transaction team included Diarmaid Gavin, Maria Walsh and Louise Buckley (Corporate and Commercial); and John Cuddigan, Mark Ludlow and David Rodgers (Tax).

Learn more about our Mergers and Acquisitions team here.

PRESS RELEASE
20 February 2023

KARL STORZ Acquires AventaMed DAC

Ireland

Contributor

At RDJ, we combine legal insight and human intelligence to deliver long-lasting business impact. As one of Ireland’s leading corporate law firms, we’re as ambitious for your business as you are. With offices in Cork, Dublin, Galway and London, we represent clients from scaling and established Irish companies to multinationals, financial institutions and global insurance companies with unique cross-sectoral expertise. We build meaningful relationships with clients and counsel to deliver tangible value for more sustainable businesses, becoming our client’s most trusted advisors and the number one employer of choice for legal talent in Ireland. And, by investing in the progress of our people and harnessing new technologies, we power agile decision-making that adds long-term value every step of the way. Legal Insights. Human Intelligence. Business Impact

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