M&A M&A
Appasamy Associates acquires German ophthalmic surgical products maker Ruck
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Warburg Pincus-backed ophthalmological products manufacturer Appasamy Associates has acquired German ophthalmic surgical products manufacturer Ruck .Founded in 1981 by Fritz Ruck, Ruck makes ophthalmic surgical equipment and systems. Its product portfolio includes phacoemulsification systems, surgical instruments, and accessories used in cataract and other eye surgeries.The transaction includes the retention of Ruck’s engineering and development operations in Germany. Ruck’s portfolio, which includes systems for cataract and vitreoretinal procedures, will continue to be developed as part of the broader group.