Montagu portfolio company bolts on stocking manufacturer

Montagu portfolio company BSN has bolted on a stocking manufacturer in its second acquisition this year since completing its own management buyout in February.

BSN Medical, a German portfolio company of Montagu Private Equity, has bolted on Cognon-Morin, a compression stocking manufacturer, for an undisclosed amount.

BSN Medical plans to add compression gloves and sleeves to Cognon-Morin’s product range.

Cognon-Morin is BSN’s second bolt on this year since its own management buyout in February.  In July, BSN has acquired M-PACT, a US manufacturer and distributor of fracture management products including splinting, casting and cast removal products.

Montagu is a European mid-market private equity company with more than €3 billion ($4 billion) under management.  Montagu invests in businesses valued between €75 million and €800 million.