Germany: Listing plans axed as Nordic Capital sells Sunrise Medical to Platinum Equity

Global investment firm, Platinum Equity, is acquiring Germany-based Sunrise Medical, a designer and producer of mobility solutions, from Nordic Capital. The acquisition is being led by Platinum Equity’s European investment team based in London.

As a consequence of this transaction, Sunrise will no longer seek recently announced plans to list on the Frankfurt Stock Exchange.

Following completion of the transaction, Sunrise Medical will continue to pursue its defined growth strategy in close partnership with Platinum Equity. The…