from Gimv (EBR:GIMB)
Homecare Specialists Medi-Markt and Unizell Merge to Form Liveo Group.
Homecare Specialists Medi-Markt and Unizell Merge to Form Liveo Group.
The Liveo Group brings a highly capable supplier to the German homecare market specialising in the sophisticated, long-term care of chronically ill or impaired people in their home environment. Mannheim-based Medi-Markt Group and Unizell Medicare GmbH from Bad Schwartau are combining their strengths with the assistance of European private equity company Gimv.
The new Liveo Group’s service offering comprises a broad range of products and services required for domestic care and support such as absorbent or drainage incontinence products, care for stoma patients, care aids, diabetes products and enteral nutrition therapies as well as nursing courses, training and emergency call systems. The Liveo Group will employ over 450 people. The Group operates throughout Germany and will achieve total combined sales revenues of approximately EUR 150 million. The two merging company groups will retain their existing brand names.
Gimv acquired a majority in Medi-Markt as part of a succession plan in 2018. Since then, it has worked with management to continuously develop its offering and its market position, helping the company to achieve strong growth. The acquisition of the Saxony-based firm mediclean Home Care Service GmbH greatly expanded the supply of medical resources and consumables in the federal states of Eastern Germany and in the nursing sector. Since Gimv came on board the offering for patients has expanded, significant investments were made in digitisation, and sales revenues have jumped by around 70%. Thanks to this strong growth, Gimv has achieved returns above its long-term average targets throughout its entire investment period in Medi-Markt.
Under the more than 30-year leadership of its managing partner Jürgen van der Smissen,
Unizell has developed into a successful fullservice provider for homecare patients. The expansive, customer-centred portfolio comprises products, training courses, qualifications and personal support.
“The merger improves our performance and enables us to offer innovative digital solutions that make life easier for our customers, for patients, for caregiving relatives and for specialist staff, improving their use of our offerings. This step will make for even better care. Our employees are the key to our success. By combining their knowledge, we are laying a strong foundation for continued growth and development – for our customers, our employees and our shareholders”, explains Dr. Torge Doser, CEO of Medi-Markt and of the new Liveo Group.
This view is shared by Jürgen van der Smissen, Managing Partner of Unizell who will support the group as a significant minority shareholder and advisory board member following the
transaction: “I am delighted to see two qualityleading suppliers now coming together whose philosophy centres around customers’ needs and desires and who complement each other perfectly. Together they are forming a group that stands for very similar values and that will be able to shape the homecare market even more actively than before, to everyone’s benefit.”
Philipp v. Hammerstein and Lars Timmer, Partner specialising in healthcare and Senior Principal at Gimv’s Munich office, add: “With Unizell, Medi-Markt has found the perfect fit. The Liveo Group will give even more people greater control over their day-to-day lives while improving the quality, efficiency and costeffectiveness of their care. We look forward to assisting the Liveo Group with all our energy over the coming years.”
Gimv will hold a majority interest in Liveo and will continue to grow the group with Jürgen van der Smissen. The transaction remains subject to the usual official approval and is expected to be completed in the coming weeks. Upon completion, the Liveo Group will be among Gimv’s five largest portfolio companies.
About the Medi-Markt Group
Medi-Markt’s core competence has always been the provision of advice and direct care to private individuals in need of medical aid. Customers across Germany value MediMarkt’s expertise in consultancy and care that the company has built up over the last three decades. An important part of the company’s business activities comprises consultancy, sampling, and regular care for patients with absorbent or drainage incontinence products as well as the supply of stoma products. Medi-Markt’s product portfolio also includes care and protective products to help in the care of people who require nursing in their home environment. The offering is also directed at nursing homes and specialist retailers in the healthcare sector. In the medical products and medical care and consumables sector, Medi-Markt supplies residential homes and outpatient care facilities right up to providing an endto-end offering. The service concept comprises consultancy, patient care and the delivery of training.
Karel Oomsstraat 37, 2018 Antwerpen
About Unizell
Unizell Medicare GmbH is a leading company in the field of homecare, providing high-quality and innovative products to patients in outpatient settings for nearly 40 years. The company focuses on personalized and needs-based consultation to sustainably improve the quality of life for those affected.
A particular focus of Unizell Medicare is incontinence care - one of its core competencies, which has been developed over decades with expertise and experience. The portfolio is complemented by additional products and services for patients in need of care in a home environment.
In addition to direct patient care, Unizell Medicare works closely with nursing services, medical supply retailers, and pharmacies. As a reliable partner, the company supports these market participants with customized solutions for optimal patient care. With innovation and many years of expertise, Unizell Medicare sets new standards in homecare and remains a trusted partner for both patients and healthcare professionals alike.
Munich / Mannheim / Bad Schwartau (GER), 6 March 2025, 7:30 a.m. CET
Press Release
Gimv ist eine europäische Investmentgesellschaft mit über 40 Jahren Erfahrung im Private Equity und ist an der Euronext Brüssel notiert sowie Mitglied des Euronext BEL ESG Index. Gimv verfügt derzeit über ein Portfolio von mehr als 1,7 Mrd. EUR, bestehend aus rund 60 Portfoliounternehmen mit einem Gesamtumsatz von 4,0 Mrd. EUR und mehr als 20.000 Mitarbeitern.
Gimv identifiziert innovative, führende Gesellschaften, die über hohes
Wachstumspotenzial verfügen, und unterstützt diese nachhaltig auf ihrem Weg zur Marktführerschaft. Jede der fünf
Investmentplattformen Consumer, Healthcare, Life Sciences, Smart Industries und Sustainable Cities wird von einem engagierten und kompetenten Team betreut, das jeweils in den heimischen Märkten von Gimv – Benelux,
Frankreich und DACH – ansässig ist und von einem umfassenden internationalen Experten-Netzwerk unterstützt wird.
Weitere Information erhalten Sie von:
Philip von Hammerstein, Partner Healthcare T +49 89 44 23 275 10
philipp.hammerstein@gimv.com
Karel Oomsstraat 37, 2018 Antwerpen