G Square Expands Global Reach by Acquiring Serres, a Leader in Sustainable MedTech Solutions
G Square Expands Global Reach by Acquiring Serres
G Square, a prominent private equity investor in the European healthcare sector, has made a strategic move by acquiring a majority stake in Serres, a Finnish MedTech company recognized for its sustainable solutions in surgical fluid management. This acquisition underscores G Square’s commitment to fostering growth and sustainability in the healthcare market, aligning with a global trend toward more responsible practices in medical technology.
Founded over fifty years ago, Serres has established itself as a key player in the surgical fluid management industry. The company offers innovative products such as high-performance suction bags and fluid disposal solutions, which are pivotal in more than 80,000 surgical procedures daily across the globe. With its advanced production facilities in Kauhajoki and Saarijärvi, Serres has integrated automation and advanced technologies, setting a benchmark for the industry.
The acquisition not only symbolizes G Square’s investment into a successful European entity but also highlights the potential for Serres to accelerate its growth trajectory, especially in the United States and other international markets. According to Kimmo Jyllilä, Chair of the Boards of Paree Group (the family owning Serres), the partnership will leverage G Square’s extensive networks, financial strength, and healthcare expertise to drive Serres further into the global market.
Oliver Hoenich, a Partner at G Square, expressed enthusiasm about the acquisition, emphasizing that Serres represents a 'true European champion' in its field with world-class products and an innovative culture. This collaboration aims to support Serres in widening its international reach and enhancing its market position within sustainable surgical solutions. Yasemin Arik, another Partner at G Square, echoed this sentiment, indicating the exciting potential for Serres to lead in the sustainable practices essential for modern surgical and intensive care environments.
Sustainability at Serres is not just an add-on feature but is deeply woven into the operational fabric of the company. CEO Nicke Svanvik stated, "Sustainability is the foundation of our strategy and is a major differentiator in our market, embedded across our entire value chain." This philosophy resonates well within the current global healthcare narrative, where a significant shift is occurring towards environmentally responsible business practices. With the growing demand for sustainable, single-use medical solutions, Serres is in a strong position to respond to this market change effectively.
As industry trends continue to evolve, this acquisition is expected to close in the first quarter of 2026. The collaboration between G Square and Serres reflects a redirection of focus towards more innovative, efficient, and sustainable healthcare solutions, marking a significant milestone in the journey of both companies towards a healthier future. The continued investment in Serres will not only enhance its product offerings but also expand its reach into more healthcare institutions, ensuring broader access to its much-needed solutions.
In conclusion, G Square’s acquisition of a majority stake in Serres is poised to create a notable impact in the medical technology landscape. As healthcare continues to navigate the complexities of sustainability, partnerships like this will play a critical role in setting new standards for safety, efficiency, and environmental responsibility across the industry.