Since the autumn of 2020 we have been working together with some of our AICA colleague firms to find suitable acquisition targets for Stille in the area of high quality surgical devices. Together with Hoffmann we identified and established contact with German family owned Fehling Instruments. 18 months after the introductory meeting Stille has now signed an agreement to acquire Fehling Instruments for €36m. Fehling has sales of about €16m and EBITDA of €4.5m. Another deal with fantastic AICA cooperation.
