#Finland #MedTech #G Square #Serres #Kauhajoki

G Square Strengthens Its Portfolio with Serres Acquisition

In a significant move, G Square, a noted private equity investor in the European healthcare sector, has signed an agreement to acquire a majority stake in Serres, a pioneering Finnish company that specializes in sustainable surgical fluid management solutions. This strategic acquisition is aimed at accelerating Serres' growth on a global scale and reinforcing its commitment to sustainability, a crucial aspect of modern healthcare.

Founded in Kauhajoki, Finland, Serres has established itself as a global leader in surgical fluid management, offering high-performance suction bags and fluid disposal solutions. With over 80,000 surgical procedures utilizing their products daily, Serres is a trusted partner for 50% of the world's top 100 hospitals. The company’s long-standing dedication to sustainability has seen them embed circularity and efficiency into their products long before it became a healthcare priority.

Expansion Plans and Strategic Partnership

Under the new partnership, the Paree Group, which has owned Serres for decades, will retain a significant share and continue to act as a strategic ally as the company embarks on its next chapter. With a wealth of experience in facilitating the international growth of European companies, G Square is expected to enhance Serres' market presence through investments in product development and commercial capabilities, as well as strategic acquisitions.

Kimmo Jyllilä, Chair of the Boards for both Paree Group and Serres, expressed optimism regarding the acquisition, stating, “Serres is one of the Finnish industrial success stories. We see enormous potential ahead requiring greater international reach and resources than we could deploy alone.” He emphasized that G Square brings the healthcare expertise and financial strength necessary to elevate Serres to new heights.

Oliver Hoenich, a partner at G Square, affirmed that Serres is an outstanding company characterized by a robust culture of innovation and sustainable products. He highlighted the unique platform Serres has created, which has strong growth potential in the global market.

Commitment to Sustainability

As healthcare continues to evolve, sustainability emerges as a key differentiator for organizations. Serres CEO Nicke Svanvik noted, “Sustainability is not just an add-on for us; it is the foundation of our strategy.” He acknowledged the growing demand for sustainable, single-use medical solutions and pointed out that this partnership with G Square will enable Serres to expand its reach and effectiveness globally.

Future Growth and Development

The transaction, expected to finalize in early 2026, positions Serres to build on its existing success in Europe while also accelerating growth in the United States and other global markets. This strategic move is set to enhance Serres' ability to deliver safe, efficient, and environmentally responsible solutions for surgical and intensive care procedures.

Having been in operation for over five decades, Serres boasts state-of-the-art production facilities noted for their automation and efficiency. The company is dedicated to responsible workflows in operating rooms, ensuring that their products not only meet healthcare demands but do so in an environmentally conscious manner.

In conclusion, the partnership between G Square and Serres signifies a bold step towards a more sustainable future in healthcare, exemplifying how strategic acquisitions can drive innovation and growth in essential sectors.