May 31, 2017
Berlin, 31 May 2017. Quarton International announces the sale of major parts of the Saxon Gamma Service Group to Eckert & Ziegler AG. Gamma Service is a specialist in the production of isotopic products for medicine and industry with an achieved annual turnover, domestically and internationally, of approximately EUR 20 million in 2016. The group of companies acquired by Eckert & Ziegler employs about 150 people.
Quarton International was an exclusive advisor to the sole shareholder of the Gamma Service Group. The comprehensive preparation and implementation of the transaction – conducted by Quarton International – includes the management of the entire process, the identification, selection, and approach of potential investors, the preparation and implementation of the due diligence, negotiation management and conclusion of the contract. A team from CMS Hasche Sigle Leipzig has supported the entire legal process and the negotiations. With this transaction, Eckert & Ziegler AG is securing its market position as one of the world’s leading isotope specialists. The acquisition of new business segments in regions, where Eckert & Ziegler has been less active so far, makes it possible to further expand its market position, and strengthen the value chain.
Headquartered in Berlin, Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700), with 760 employees, is one of the world’s largest providers of isotopic components for radiotherapy and nuclear medicine. The Berlin-based company specializes in isotopic applications in the fields of medicine, science, and industry.
The Gamma Service Group, which has operations in four European locations, is a specialist in the production of isotope-related products in the field of medicine and industry, as well as the professional disposal of sources. In 1998, the first company of the Gamma Service Group was founded by the physicist Jürgen Reckin. The corporate group offers complete services and targeted support regarding the application, transfer, and recycling of radioactive substances.
CMS Hasche Sigle is one of the leading law firms in the field of commercial law in Germany. Designated specialists offer innovative consulting, which covers all conceivable domestic and international matters.
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