The international medical device supplier Lohmann & Rauscher (L&R) is expanding its product range with the asset acquisition of the French hosiery company MTA’s medical stockings division. This acquisition will allow L&R to expand its product portfolio for venous insufficiency and lymphoedema treatments and is thus strengthening its market position in France.
MTA (Médical Textile Ariégeois) has successfully been developing, producing and marketing compression stockings under the brand name Veinocare® in the French market since its foundation in 1994. L&R’s acquisition of their medical stockings division will expand and complement the company’s existing compression product portfolio. In addition to the popular short stretch compression bandage Rosidal® K and the multi-component compression system Rosidal® sys, the Veinocare® medical stockings will be directly available through L&R in the French market based on their existing ASQUAL (French textile regulation) approval. Furthermore, MTA’s innovative range of high quality hosiery perfectly complements L&R’s orthoses range.
“This acquisition marks yet another important milestone in our successful development as a strong, international player in the healthcare market and a preferred solution provider for our customers and is a great opportunity for L&R France. The combination of the extensive expertise of MTA, reinforced by several patents, the company’s high-quality products and L&R France’s customer-focused marketing and sales team represent the ideal basis for the successful growth of our French core business area of bandages and ortheses”, commented Wolfgang Süßle, President, CEO and CCO of the L&R Group.