Oertli Instrumente Acquires Majority Interest in Ophthalmic Instrument Maker Domedics AG

Oertli Instrumente announced it has acquired the majority of shares of Dattwil, Switzerland-based Domedics AG.

Terms of the deal were not disclosed. 

Domedics provides consumables and ophthalmic instruments, including knives, sets of coverings, viscoelastics, plugs or hollow needles. 

"For us, the merger with Domedics offers the opportunity to serve ophthalmic surgery in Switzerland with an extremely competent and comprehensive range of products and services," Christoph and Thomas Bosshard, co-owners and board members of Oertli, stated in a company news release. "With the acquisition of Domedics, Oertli will be able to offer Swiss customers an even more comprehensive range of products and services. Customers will receive even more service and expertise in the operating theatre, all from a single source. In addition, with this step Oertli has opened up the entire DACH region in direct sales, which brings with it great synergy potential."

"Oertli is a Swiss family business that enjoys an excellent reputation in the global ophthalmic surgery market thanks to its continuity and excellent products," said Carlo Pizzera, CEO of Domedics. "All Oertli products are manufactured in Switzerland, and Oertli already maintains close contact with its customers in Switzerland."

Christoph Stüssi, Mr. Pizzera's business partner, will take over the management of Domedics as of January 1, 2022. He will also remain a minority shareholder and participate in the Board of Directors.

"The merger of Oertli and Domedics is a win-win-win situation for me: win for our customers, win for our employees, and win for both companies," Mr. Stüssi said. "I am enormously pleased to take on the responsibility together with my management team and thus help shape the way forward."