The Private Equity Firm Vaekst-Invest Invests in Cortex Technology, a Niche Company Operating in the Field of Dermatology

Since its foundation in 1986, Cortex Technology has developed into one of the leading manufacturers in two areas within dermatology – cryosurgical equipment and equipment for scientific skin analysis. The cryosurgical equipment is used for the treatment of various skin conditions, including warts and certain types of skin cancer.

The skin analysis equipment is used for research, clinical trials, and customer and patient guidance. The company’s customer segments include dermatologists, research institutions, major global companies, manufacturers of cosmetics, etc. Cortex Technology was acquired in 2016 by the current management Steffen Vogel and Christian Thomsen. The company has since experienced double-digit growth rates every year and is today among the market leaders in the niche.

“In recent years, Cortex Technology has had a strong focus on establishing a global presence through dealers and distributors. The company’s focus on dedicated dealers has meant that exports have developed nicely and the potential for further growth is very good.

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Published by Cortex Technology