Weinmann takes over 100% of Pro-Tip Endüstriyel, Istanbul

Weinmann Expansion in Turkey
Marc Griefhahn (PresseBox) (Hamburg, ) Weinmann Geräte für Medizin GmbH+Co.KG, Hamburg, a global manufacturer of medical products, has increased its share of Pro-Tip Endüstriyel Sanayi Ve Ticaret AŞ, Istanbul, to 100% in a complete takeover of the Turkish company. With this acquisition Weinmann wants to increase its market share in Turkey's growing market and strengthen its successful business in southeastern Europe.

Weinmann took over 100% of ProTip on 19 September 2011, launching a far-reaching sales and marketing offensive in Turkey and beyond, into southeastern Europe. This step cements the companies' joint success and gives Weinmann complete access to customers and markets in the high-growth region. Marc Griefahn, CEO and management spokesman at Weinmann said, "We have been working successfully with the team of experts at ProTip for some time. For us the takeover is a logical and decisive step in securing and expanding our position in Turkey and the surrounding area. We are sure that our close cooperation is the key to more growth and a greater share of the market."

Weinmann acquired a 20% interest in ProTip in 2009. General Manager Hakan Şahin directs operations in Istanbul and Robert Matzky, head of the Weinmann Homecare business, provides management oversight at Weinmann headquarters.

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WEINMANN Geräte für Medizin GmbH & Co. KG
Kronsaalsweg 40
D-22525 Hamburg
Tobias Drewling
Head of Corporate Communications

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