Ardian Buys Majority Stake in Imes-icore

Ardian, the independent private investment company, announce on August 2nd the acquisition of a majority stake in imes-icore GmbH (imes-icore), a specialist manufacturer of computer numerical control (CNC) and computer aided design/manufacturing (CAD/CAM) systems predominantly focusing on the medical industry, and headquartered in Eiterfeld, Germany.

Ardian will acquire the stake from current majority shareholder, Hugo Isert, as part of a succession planning programme. Current CEO, Christoph Stark, will retain a significant minority stake, and will continue to manage the business. In the course of this transaction, members of the management team will also become shareholders in the company.

imes-icore was founded in 2002 by Hugo Isert and Christoph Stark, and develops, produces and sells specialist CNC-CAD/CAM systems for milling, water jet and laser cutting, and 3D printing. The company has close to 150 employees and in 2016 generated sales of approximately EUR 30 million.

imes-icore’s...