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Grant Thornton advises the Spengler Group on takeover of medical diagnostic specialists Luxamed

Düsseldorf, 9 July 2024

At the end of June 2024, the Spengler Group, an international supplier of medical technology, announced the takeover of Luxamed GmbH & Co. KG, a leading supplier in the area of illumination for medical diagnoses, based in Baden-Württemberg, Germany.

An interdisciplinary team of experts from Grant Thornton in Germany, led by the partners Tobias Kluth and Dr Achim Kestler, was able to make a decisive contribution to the successful conclusion of the acquisition for the Spengler Group through financial and tax due diligence as well as subsequent advice during the negotiations.

The Spengler Group, majority-owned by the French investment company Andrea Partners and supported by AfricInvest Europe, made sales in 2023 of 25 million euros. The company, based in Provence-Alpes-Côte d'Azur in France, specialises in the development, production and sale of precision instruments for medical diagnosis.

Luxamed GmbH & Co. KG focuses on the development, production and sale of innovative and high-quality light diagnostic instruments in medical technology. The company offers a broad range of medical device products, such as otoscopes, laryngoscopes, stethoscopes, reflex hammers and LED examination lamps.


Tobias Kluth
Partner (Düsseldorf)
+49 211 9524 8106

Marius Fett
Senior Consultant (Düsseldorf)
+49 211 9524 8875

Daniel Nesseler
Consultant (Düsseldorf)
+49 211 9524 8965

Dr Achim Kestler 
Partner (Munich)
+49 89 3684 94279

Musa Yilmaz
Senior Manager (Frankfurt)
+49 69 9055 98758

Dominik Saur 
Assistant Manager (Munich)
+49 89 3684 94365

About Grant Thornton in Germany

Grant Thornton AG is one of the ten largest audit firms in Germany, providing services to upper mid-market companies and listed companies, with around 1,900 employees at ten offices. The audit and advisory firm consists of the service lines Audit & Assurance, Tax, Advisory and Legal. The firm is legally independent. To be able to serve national clients internationally as well, the firm is a member of the international Grant Thornton International Ltd network (GTIL). GTIL and its member firms are not a worldwide partnership but legally independent entities. With around 73,000 employees, the Grant Thornton network advises companies in around 149 countries across the world.


Willi Keipper
Manager PR & Corporate Communications
+49 30 8904 82106

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