Odewald invests in Polytech

The investment was made from the Odewald KMU fund. Current managing director Rolf Reese and other members of the senior management have reinvested in the company. A debt structure was provided by DZ Bank and Volksbank Odenwald. The transaction emerged in the course of a succession plan and the capital will be used for further geographic expansion.

Polytech Ophthalmologie is based in Roßbach, Germany, and was founded in 1989. The company is a supplier of products for cataract surgery. The product portfolio includes intraocular lenses, viscoelastics and surgery tools. In 2010 the company generated revenues of more than €20m. The eye surgery specialist operates in Germany, Austria, Hungary and Poland.

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• DACH
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