Mundomedis Acquires Majority Ownership in Malaysian-based MD Schmidt


Mundomedis acquires 80% of the total outstanding shares of MD Schmidt Sdn Bhd, Kuala Lumpur Malaysia from Syno Medical.

MD Schmidt is a regional medical device distribution and marketing company especially focused in the field of cardiology with a regional focus on the ASEAN countries. Kai Trompeter, CEO of Mundomedis: “The ASEAN markets will see some of the fastest global growth rates in healthcare over the next years and MD Schmidt will strengthen our support for our regional partners and increase our market presence, especially in the field of Cardiology”.