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L&R successfully completes acquisition of 49% of the shares of the ADA Group

Following the approval of the merger control, Lohmann & Rauscher (L&R), a leading international company for medical products and services, announces the closing of the transaction to acquire 49 % of the shares of the ADA Group. The strategic cooperation between the companies will take effect retroactively from January 1, 2025.

ADA is a successful Portuguese manufacturer and supplier of gauze and nonwoven products, bandages, incontinence products and medical disposables based in Seroa, Portugal.Today, the company is the only European competitive manufacturer of gauze and nonwoven products. The strategic cooperation between L&R and ADA represents an important step in L&R's European market presence, its growth activities and the resulting increased ability to ensure the supply of gauze and nonwoven products. The partnership also strengthens the processing industry in Europe.

Holger Mägdefrau, CFO of L&R:

“ADA is an essential industry player and an ideal partner for us. This collaboration marks the beginning of shared, sustainable growth – we are now joining forces. Through our partnership, we are enhancing access to the Portuguese and Spanish markets, bolstering our position across Europe, and ensuring the continued strength of European production expertise. By uniting our efforts, we aim to further advance production and processing capabilities, fostering greater independence within Europe."

Marta Andrade, CEO of the ADA Group:

"This alliance with L&R is a truly historic moment for ADA Group. It honors the dream of my grandfather and the inspiring vision of my father, Luís Andrade, a legacy that I now proudly continue with my sisters, with the same passion and sense of purpose.

It is also a privilege to join forces with an internationally respected company that shares our values of rigor, innovation and commitment to producing in Europe with the standards and values that Europe represents, while serving communities worldwide. Together we reinforce our dedication to excellence and sustainability while opening a new chapter of growth, innovation and expansion, ensuring that ADA continues to deliver products of the highest quality, guided by integrity, responsibility and a genuine passion for care."

With the ADA Group employing more than 420 people, the number of employees at the L&R Group is also growing accordingly, exceeding the 6,000 mark for the first time in the Group's history.

Contact

Lohmann & Rauscher, s.r.o.

+49 (0) 2634 99-0
info@de.LRmed.com 

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