Avedon Capital Partners’ Acquisition Of The DELABO Group


Ashurst advised the two financiers, Capital Four Management and Deutsche Apotheker- und Ärztebank eG, in connection with the acquisition by Avedon Capital Partners of the DELABO Group.

The DELABO Group is one of the ten largest dental laboratories in Germany. The independent dental laboratories, with their complementary technical and operational capabilities, form the basis for a buy-and-build strategy in the German dental laboratory market. The Group’s performance promise is based on a comprehensive range of dental technology products, covering all medically relevant product combinations as well as a broad spectrum of additional services for dentists and patients. In addition, the Group will expand its presence through further acquisitions of additional dental laboratories in the coming years.

Avedon Capital Partners is an investor passionate about supporting exceptional entrepreneurs and management teams of niche market-leading companies to realise ambitious growth plans in partnership.

The Ashurst team was led by partner Anne Grewlich (Picture) and counsel Dr Philipp Vorbeck (both Frankfurt). They were assisted by associate Philipp Hogrefe and paralegal Ena Selimbegovic (all Finance, both Munich). Tax advice was provided by partner Dr Anders Kraft (Frankfurt), corporate advice by counsel Dr Ian M. Maywald (Munich).

Involved fees earner: Anne Grewlich – Ashurst; Philipp Hogrefe – Ashurst; Anders Kraft – Ashurst; Ian Maywald – Ashurst; Philipp Vorbeck – Ashurst;

Law Firms: Ashurst;

Clients: Capital Four; Deutsche Apotheker- und Ärztebank (apoBank);