10/10/2011 (Agence Europe) - Mergers: Kinetic Concepts/APAX. On Friday 7 October, the European Commission cleared the proposed acquisition of US medical supplier Kinetic Concepts, Inc. by UK-based APAX Partners LLP, a private equity fund manager. The operation, notified on 2 September last, provoked a number of vertical distortions: Kinetic manufacturers products for treating wounds, tissue matrices and specialised hospital beds, whereas APAX owns hospital management companies in different...