LAWFUEL – The Legal Newswire – Frankfurt, July 19, 2007 – Dewey Ballantine LLP, the leading international law firm, advised MEDOS Medizintechnik AG, in the acquisition of all outstanding capital stock of US medical products manufacturer Gish Biomedical, Inc. from its listed parent company CardioTech International, Inc. (AMEX: CTE). MEDOS is a private equity fund portfolio company managed by Ventizz Capital Partners.
The transaction will facilitate MEDOS group’s access to the American market and will help the company to achieve its goal of raising revenues to approximately €100 million in the near future. Ventizz Capital Partners supports this goal by providing Medos group with acquisition financing.
The Dewey Ballantine team, led by Frankfurt- based partner Dr. Benedikt von Schorlemer (M&A) also included partner Devon M. Bodoh (tax) and counsel Anthony Acevedo (corporate) from Washington and Frankfurt associate Jan Krekeler (M&A).
About MEDOS Medizintechnik AG
MEDOS was founded in 1987 in Stolberg near Aachen, Germany. The company has various national and international subsidiaries and interests. MEDOS develops and manufactures medical products for heart surgery, extracorporal membrane oxygenation (ECMO) and ventrical assits devices (VAD).
About Gish Biomedical, Inc.
Gish Biomedical, Inc. is located in Rancho Santa Margarita, California, USA. For more than 30 years the company has been developing and manufacturing medical devices for the areas of heart surgery, orthopedics and oncology.
About Dewey Ballantine’s Frankfurt Office
The main advisory focus of the Frankfurt office lies in Tax Law, Banking and Finance, Capital Markets Law, Asset Management, Corporate and M&A and Private Equity.
About Dewey Ballantine
Dewey Ballantine LLP, an international law firm with 550 lawyers located in New York, Washington, D.C., Los Angeles, East Palo Alto, Austin, Charlotte, London, Warsaw, Frankfurt, Milan, Rome and Beijing, was founded in 1909. Through its network of offices, the firm handles some of the largest, most complex corporate transactions, litigation and tax matters in areas such as M&A, private equity, project finance, corporate finance, corporate reorganization and bankruptcy, antitrust, intellectual property, sports law, structured finance and international trade. Industry specializations include energy and utilities, health care, insurance, financial services, media, consumer and industrial goods, consumer electronics, technology, telecommunications and transportation.