BSN Medical, a German portfolio company of Montagu Private Equity, has bolted on Cognon-Morin, a compression stocking manufacturer, for an undisclosed amount.
BSN Medical plans to add compression gloves and sleeves to Cognon-Morin’s product range.
Cognon-Morin is BSN’s second bolt on this year since its own management buyout in February. In July, BSN has acquired M-PACT, a US manufacturer and distributor of fracture management products including splinting, casting and cast removal products.
Montagu is a European mid-market private equity company with more than €3 billion ($4 billion) under management. Montagu invests in businesses valued between €75 million and €800 million.