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Accuramed acquires PT Medical, expanding its cardio-pulmonary diagnostics portfolio and market presence in the Benelux region. Read more about the deal.
Down2Earth Capital-backed Accuramed has completed the acquisition of PT Medical, a leading distributor specialising in cardio-pulmonary diagnostics within the Benelux region. Based in Leek, the Netherlands, PT Medical is an exclusive partner for Vitalograph systems and represents several prominent brands including Nonin Medical, Norav Medical, and Suntech Medical. The strategic move enables Accuramed to strengthen its position in cardiac and pulmonary function testing while expanding its portfolio of consumables. Financial terms of the deal were not disclosed.
The acquisition builds on Down2Earth Capital’s initial investment in Accuramed in June 2024, when D2E acquired a stake in the business alongside the key management team, who co-invested to support the company’s ambitious growth plans. Accuramed was founded in 2000 by Jozef Knez and quickly established itself as a leading Belgian distributor of cardiorespiratory medical devices, differentiating through excellent service levels, strong customer support, and a portfolio of leading products from partners such as Niox Group Plc and Geratherm Respiratory GmbH. Growth accelerated significantly under the leadership of his sons Filip and Karel Knez, the current managers of the company, with expansion to the Netherlands and Luxembourg serving a loyal client base of over 250 hospitals, commercial laboratories, and pneumology and cardiology practices across the Benelux.
The acquisition is expected to enhance Accuramed’s service offering across hospitals, retailers, and general practitioners, particularly in the Dutch market. The integration of PT Medical’s product range complements Accuramed’s existing distribution capabilities and supports a more comprehensive approach from diagnosis to treatment.
PT Medical has built a strong reputation as a full-service partner for Vitalograph systems and offers a broad portfolio that includes pulse oximetry, ECG, non-invasive blood pressure (NIBP) monitoring, pulmonary function testing, critical care, carbon monoxide monitoring, and test and simulation products. Its established relationships with healthcare providers across the region provide Accuramed with expanded market access and cross-selling opportunities.
The transaction enables Accuramed to bundle diagnostic and treatment solutions, offering end-to-end value to customers. Operational synergies include consolidating distribution and logistics, streamlining procurement, and integrating customer support and technical services. These efficiencies are expected to improve service quality and inventory management while reducing costs.
The deal also positions Accuramed to accelerate innovation by combining R&D efforts with PT Medical, enhancing the product pipeline and responding to evolving healthcare demands in cardio-pulmonary diagnostics. Market analysts note that the acquisition strengthens Accuramed’s leadership in the Benelux cardio-pulmonary diagnostics segment, particularly in the Netherlands, and is likely to accelerate consolidation in the sector.
Looking ahead, Accuramed plans to leverage the combined sales channels to increase market penetration, develop integrated diagnostic-to-treatment solutions, and optimise its supply chain to reduce costs and improve delivery times — ultimately enhancing customer lifetime value. The acquisition marks a significant step in Accuramed’s growth strategy under Down2Earth’s ownership, reinforcing its commitment to innovation and comprehensive service in cardio-pulmonary diagnostics across the Benelux region.
Accuramed, headquartered in Halen with offices in Almere and Ulft, is a prominent distributor of medical products and solutions focused on molecular diagnostics and cardiorespiratory applications. The company emphasises innovation, quality, and customer support, serving laboratories, hospitals, and healthcare institutions throughout the Benelux. Accuramed is backed by Down2Earth Capital, which invested in the business in 2024.
PT Medical is a Leek-based Dutch medical device distributor specialising in respiratory and critical care products. The company is an exclusive partner for Vitalograph systems and distributes products from Nonin Medical, Norav Medical, Suntech Medical, and others. PT Medical’s ISO-certified operations serve medical institutions across the Netherlands with a portfolio including pulmonary function testing, pulse oximetry, ECG, NIBP monitoring, critical care, and carbon monoxide monitoring.
Down2Earth Capital is a Belgian private equity firm focused on supporting the growth of ambitious businesses in the Benelux region.
