Private Equity: First opera evenings, then lawyers: The power struggle for the Med-Tech company Brainlab escalates
Stefan Vilsmeier and financial investor EMH wanted to take Brainlab public. Now EMH is demanding compensation from the founder. He wants to throw the largest investor out of the supervisory board.
A dispute has erupted between Brainlab founder Stefan Vilsmeier and investor EMH Partners, led by Sebastian Kuss. EMH, which owns over a third of Brainlab, is suing Vilsmeier for allegedly prioritizing his own interests over those of the company, and is seeking damages. Vilsmeier and Brainlab have rejected the claims, with the company stating it has "no confidence" in Kuss and no longer considers him "viable".
The conflict centres around a failed planned stock market listing for Brainlab, which had been expected to be one of Germany's largest IPOs in 2025.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.