Afinum Management GmbH, Munich, Germany representing the Afinum Fund, has acquired 100% of the shares of Rudolf Riester GmbH & Co. KG, Jungingen, Germany.

Afinum Management GmbH, Munich, Germany

Afinum Fond with an Equity Volume of €230 million is looking frequently for mid-sized companies to grow and develop them together with the existing management.

Rudolf Riester GmbH & Co. KG, Jungingen, Germany

Specializes in the design, manufacture and sale of mechanical precision instruments, for professional use in non-invasive diagnostics, well known for over 50 years as the brand for sphygmomanometers, stethoscopes, otoscopes and ophthalmoscopes.

IMAP prepared the transaction under the terms of the succession agreement for the shareholders of Rudolf Riester GmbH & Co. KG and handled it in all its phases.