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EQT Fund Management / Corza Biosurgery

Approved · Waiver · decided in 12 days, 12 Aug 2026

UnclassifiedWA-70033ACCC register

EQT Fund Management acquired 100% of the shares in Corza Medical's biosurgery business unit. This unit manufactures and sells TachoSil, a fibrin sealant patch used for haemostasis and tissue sealing in surgical procedures.

Timeline

  1. 31 July 2026Filed with the ACCC
  2. 12 Aug 2026Notification waiver determination publishedPDF · 141.0 KB

Acquisition details

EQT Fund Management S.à r.l. ( EFMS ), through two holding companies indirectly owned by investment fund EQT X, Seal US Holdings Inc. and Ruby BidCo GmbH, proposes to acquire 100% of the shares in Corza Medical’s biosurgery business unit which consists of several companies incorporated in Europe and the US that manufacture and sell TachoSil. EQT X is a private investment fund controlled by EFMS, its alternative investment fund manager. EFMS is headquartered in Luxembourg. TachoSil is a fibrin sealant patch used during surgical procedures to achieve haemostasis and seal tissue surfaces (including the cut surfaces of internal organs), to provide suture support in vascular surgery where conventional surgical techniques are insufficient, and, in neurological surgery, to seal the dura mater and prevent postoperative cerebrospinal fluid leakage.

Parties

Acquirer
Ruby BidCo GmbH 679581i, Seal US Holdings Inc. 10678816
Target
Corza Medical sp z.o.o. 0000856259, Corza Medical S.A.S 891 013 914, GTCR (Topaz) AcquisitionCo AS, Corza Medical GmbH (Switzerland) CHE-466.030.519, Corza Medical B.V. 0759493073, Seal US Holdco LLC 10680341, Topaz Investment AS, Corza Medical GmbH (Germany) HRB 97422, Corza Medical S.r.l. 2605047, Corza Medical S.L.U. B42998195
Other parties
EQT Fund Management S.à r.l. Luxembourg Company Registration Number - B167972

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