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MedTech Provider seleon GmbH Becomes Part of the aesco solutions Group – Successful Exit for Venture Capitalist D11Z. Ventures

By d11z
Published May 22, 2024
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With the acquisition, aesco solutions strengthens its position as a growth platform in the life sciences sector.

Heilbronn, 21 May 2024 – In a successful exit process, the investor D11Z. Ventures has sold the MedTech service provider seleon GmbH, which it has developed since 2007, to the aesco solutions group. With this acquisition, aesco solutions, a provider of production and development services for medical technology companies, is further expanding its strong position in the European market. For seleon GmbH, the sale provides additional development potential within the new group. It is planned to develop the Heilbronn site into the group’s center for medical technology services.

“This exit is a great success for us,” says Tom Villinger, CEO of the Heilbronn-based venture capitalist D11Z. Ventures. “seleon was one of our first investments with the former Zukunftsfonds Heilbronn, and we look back on an extremely positive investment phase.”

In recent years, seleon has become a recognized player in the MedTech industry. Its integration into the aesco solutions group will enable it to further expand its range of services. Both companies are active in the so-called CDMO sector (Contract Development and Manufacturing Organization) and offer medical technology customers integrated services from development and prototyping to approval and series production.

“The strategic partnership opens up exciting new opportunities for seleon GmbH and enables us to offer our customers expanded services,” explains Frank-Martin Rammelt, CEO of seleon GmbH. “We are confident that this synergy will further strengthen our ability to develop innovative solutions while continuing to provide excellent service to our customers.”

The aesco solutions group already includes the brands SASSE Elektronik and FG Elektronik, two well-known names in the medical technology sector for decades. With the acquisition of further healthy medium-sized companies, aesco solutions is now developing into the growth platform in the life sciences sector of AURELIUS Growth Capital SE & Co. KG.

“We are delighted to welcome seleon to the aesco solutions group,” says Peter Molnár, CEO of the aesco solutions group. “The acquisition is an important step in the implementation of our buy-and-build strategy to create a leading company in the European MedTech CDMO market. We will be able to offer our customers even more innovative and efficient solutions. Together we want to shape the future of the industry by combining application and technology innovation.

With the acquisition of seleon GmbH, medical device manufacturers can access an integrated offering from the aesco solutions group across the entire product lifecycle. The expansion of the service offering and the strengthening of the technological competence will eliminate the complex and costly interfaces between service providers in the areas of development, regulatory affairs, industrialisation, production and after-sales services. This will enable customers to bring their medical devices to market faster and more cost-effectively.

“We are convinced that the joining of forces within the aesco solutions group will open up additional growth potential for seleon,” says Villinger, CEO of D11Z. Ventures. “The sale can create a real MedTech champion.

At the same time, the sale, which has been in the works for more than a year, fits in with the realignment of D11Z. Ventures. This year, the Heilbronn-based family office is focusing on promising investments in the field of artificial intelligence.

About seleon

Founded in 1998 and headquartered in Heilbronn, with additional locations in Dessau and Leipzig, seleon GmbH has established itself as a leading service partner in Central Europe for the development of medical technology devices and components, with a particular focus on fluidics applications and clinical and regulatory consulting. At its production site in Dessau, seleon manufactures high-quality devices for renowned medical technology companies of the highest quality.

For further information, please visit www.seleon.com

About aesco solutions

As a full-service group, aesco solutions provides comprehensive support to medical device manufacturers in the realisation of their products: from the idea phase, through the development and integration of our technologies & components, to approval and series production, as well as lifecycle management and after-sales service.

For more than 77 years, SASSE Elektronik has been known for its complex development and manufacturing services in the field of medical technology. It is known for its outstanding solutions in human-machine interaction (HMI and sensors), secure communications, and the development and production of medical devices and high-tech component solutions.

FG Elektronik stands for innovative battery solutions and components in high-end power electronics, enabling high performance and safe power supply for medical devices and complex applications in other areas.

For further information, please visit www.aesco-solutions.co

About D11Z. Ventures

D11Z. Ventures is a dynamic early-stage investor specialising in digital and AI startups in Germany and Europe. As a single family office VC, D11Z. Ventures pursues the vision of shaping the digital future as a leading European investor in AI, IoT and SaaS. With experience, expertise and agility, D11Z. Ventures drives digital transformation and has valuable relationships with technology SMEs and global market leaders. They prioritise identifying founders with visionary ideas that can sustainably shape the digital future. True to the motto “Shaping Tomorrow, Today”, D11Z. Ventures is already bringing visionary ideas to life.

For further information, please visit www.d11z.com

Press contact:
Christian Gleichauf, wortCraft Strategy | Communication
+49 7131 6188124