News & Events
September 2026
BPL Medical Technologies Expands Global Footprint with Strategic Acquisition of Medec International BV
India, September 23, 2026: BPL Medical Technologies, India's leading medical equipment brand with a rich 50-year legacy under the BPL Group, has acquired a majority shareholding in Medec, a European medical technology company, in a strategic technology acquisition that strengthens the company’s growth trajectory and advances its ambition to build a globally competitive medical technology organisation. Completed on September 22, the acquisition brings Medec’s specialised technology, intellectual property and innovation capabilities into BPL MedTech’s expansion plans.
The acquisition marks an important step in BPL Medical Technologies’ strategy to strengthen its ownership of technology and product development capabilities while expanding its global presence. Medec brings advanced anaesthesia workstations and ventilators, along with three patents and a product development pipeline that includes an electronic vaporiser, and a value engineered version of the Caelus anaesthesia workstation.
The transaction goes beyond expanding BPL MedTech’s product portfolio. It provides the company with greater control over product quality, functionality, technology and margins, while reducing its dependence on external suppliers for anaesthesia workstations and ventilators. The acquisition also brings specialised intellectual property and engineering capabilities into BPL Medical Technologies, creating further opportunities for technology development within its own ecosystem.
Commenting on the same, Mr. Guruswamy Krishnamoorthy, CEO, BPL Medical Technologies, said, “This strategic acquisition marks an important milestone in BPL Medical Technologies’ growth trajectory and our ambition to emerge as a stronger global player in medical technology. Medec brings differentiated technology, intellectual property and an established international footprint that complement our anaesthesia and respiratory care portfolio. This tech acquisition will strengthen our product capabilities, deepen our control over innovation and quality, and open new markets. We see significant opportunities to leverage BPL’s global network to accelerate Medec’s growth and create greater value for customers worldwide.”
Medec also brings an established international commercial network, with an active distributor presence across more than 30 countries in Europe, MENA, Southeast Asia and Latin America. This gives BPL MedTech an expanded platform through which it can take Medec’s CE certified technologies to additional markets, supporting the company’s broader objective of developing a more globally connected medical technology business.
Kristof Braem, Managing Director, Medec International BV, said, “This acquisition marks an important phase in Medec’s journey as we become part of a global medical technology organisation. BPL Medical Technologies brings a strong technology focus and an established presence across healthcare markets, creating opportunities to build on Medec’s capabilities and extend its reach. We look forward to combining our expertise with BPL MedTech’s resources and global network to support the next phase of growth.”
The acquisition also aligns with BPL Medical Technologies’ efforts to build capabilities across technology, innovation and digital health. As part of its medium-term technology roadmap, BPL MedTech is exploring the integration of Medec’s technologies with its Cortex AI platform, potentially bringing together Medec’s anaesthesia capabilities with BPL Medical Technologies’ existing digital technology ecosystem.