Mergers & Acquisitions

FORLIFE Acquired by Duke Street

6023 GHD Group NT

M&A Engagement Overview

Industry Group: Healthcare & Life Sciences 
Areas of Focus: Medical Products and Devices
 



Harris Williams advised GHD Group, a portfolio company of Nordic Capital, on the sale of FORLIFE Group to Duke Street.

Harris Williams is delighted to have represented GHD and ForLife on this engagement. With their established market position, high-quality product portfolio, and state-of-the art manufacturing facility, ForLife represents a unique opportunity to participate in the highly resilient, multibillion Euro chronic disease management market. Based on extensive experience and a track record of successful investments in European med tech companies, Duke Street has a clear appreciation of the full potential of the business and will be an excellent partner as the company embarks on its next growth chapter.

FORLIFE is a medical device developer, manufacturer, and distributor with a core focus on ostomy, incontinence, and wound care products. The divestment includes ForLife’s development and production center in Berlin as well as the direct sales company, Oakmed, in the U.K.


This change of ownership provides exciting development opportunities for FORLIFE. In partnership with Duke Street, the company will expand its customer base and leverage its broad portfolio of high-quality products to reach more ostomy patients in Germany and beyond. As part of the growth plan, GHD and FORLIFE will remain close partners, with FORLIFE remaining one of GHD Homecare's core suppliers.


The newly carved-out business will include all FORLIFE and Oakmed employees, which will position the company for long-term stability and sustainable success. As part of the acquisition, Duke Street will heavily invest in FORLIFE's products, strong product development capabilities, and management team.

Contact the Harris Williams Healthcare & Life Sciences Group to learn more about this client engagement.