NETWORK advises WEFIS GmbH on full takeover by DORC International. The founding shareholders of WEFIS GmbH, Cologne, have sold their majority shares to minority shareholder DORC International, Zuidland. NETWORK exclusively advised the previous majority shareholders on the transaction.
Transaction
DORC International increases its stake in WEFIS GmbH to 100%. NETWORK already advised the shareholders on the sale of a minority stake to DORC International in 2021 initiating a two-step succession solution.
Company
WEFIS has been developing and manufacturing innovative ophthalmological products such as phaco handpieces for cataract surgery at its sites in Cologne and Westerburg for more than 20 years.
The Dutch DORC International, a portfolio company of Eurazeo, is one of the world's largest manufacturers and suppliers of ophthalmic surgical equipment and instruments.