Westlake and a group of entrepreneurial investors acquire a majority share in ICE AESTHETIC GmbH

WESTLAKE PARTNERS, in tandem with experienced entrepreneurs and international investors, invest in successful medium-sized German companies in the health care and medical technology sector. As part of its long-term investment strategy Westlake takes an entrepreneurial and collaborative approach, which involves not only growth capital but also strategic and operational support.

In only a short time, ICE AESTHETIC GmbH has evolved into a market leader among online platforms for non-invasive body contouring treatment. Following expanding sales of devices and the formation of the GmbH in 2016, ICE AESTHETICS has undergone rapid growth within Europe to become the leading provider of aesthetic body contouring methods, above all in the area of cryolipolysis, an innovative, non-invasive method of treating local deposits of fat with cold temperatures. ICE AESTHETIC has since attracted many very well-known doctors in Germany, Austria, Switzerland Spain, Italy, the Netherlands and Great Britain as collaborative partners. The primary common goal on which ICE AESTHETIC and WESTLAKE PARTNERS are focusing, alongside the growth of the network of doctors, is the acquisition of patients and further development of the ICE AESTHETIC brand.

On the important step of working together with Westlake, co-founder and managing director Claudio Gasperi says, “Over the last few years we have undergone enormous growth. Now that Westlake holds the majority stake, we have the support that we need for long-term growth. At the same time, we have at our side a strong partner who shares our vision and our values. We are looking forward to the future together and to new opportunities”.

In the future, the company will be run by a four-person management team. In addition to the former team, Wolf-Dietrich Burkart is joining the company from WESTLAKE PARTNERS as managing director.