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Medica — Capital/Financing Update 2023
Apr 5, 2023
4116_rns_2023-04-05_dca725f9-6fa1-4a94-ad8f-10469088f413.pdf
Capital/Financing Update
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MEDICA S.p.A. Via Degli Artigiani, 7 41036 MEDOLLA MODENA - ITALY
Tel. 0535 51159 Fax 0535 52605 e-mail: [email protected] home page: www.medica.it
International: Tel. +39 0535 51159 Fax +39 0535 52605
SIMEST (CDP GROUP) ENTERS THE SHARE CAPITAL OF MEDICA USA INC
An investment of €1.9 million to support the Emilia-based company's international growth in the North American market
Medolla (MO), 5 april 2023 –Medica S.p.A., an integrated Italian biomedical and MedTech group with a strong international footprint, announces that it has signed an investment contract with SIMEST - the company of the Cassa Depositi e Prestiti Group for the internationalization of Italian companies - aimed at entering the share capital of Medica USA Inc., currently wholly owned by Medica S.p.A..
SIMEST's investment of 1.9 million euros in Medica's international expansion project takes the form of the acquisition of a 30% stake in Medica USA (for an amount of approximately 0.8 million euros) and in signing of an interest-bearing shareholder loan agreement (for the remaining approximately 1.1 million euro). The operation - which also benefited from the intervention of the Venture Capital Fund, managed by SIMEST in agreement with the Ministry of Foreign Affairs and International Cooperation - confirms SIMEST's commitment to supporting the international growth of Italian companies of excellence.
Luciano Fecondini Chairman of Medica USA and Medica SpA commented: "SIMEST's entry into the share capital of Medica USA Inc. allows Medica to develop the envisaged investment plan in the American company in the broader geographical expansion project of the Group, strengthened from the contract for the purchase of assets to manufacture blood filters and water filters finalized with Evoqua Water Technologies on April 1, 2023. We are proud of the trust that SIMEST has placed in our project and confident of its valiant support."
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Medica Profile
Medica Group is operating since 1985 in the biomedical district of Mirandola (Italy). Development of innovative products for blood purification has always been company's core business. Thanks to the activity of two extremely dynamic R&D groups (medical equipment, membranes and disposable), the Group competes successfully in several markets, namely:
- Medical (dialysis, CRRT, ECCO2, Apheresis, DFPP, CHF, HIPEC, pre-transplant organ perfusion, bioregenerative medicine, gastroenterology, urodynamics, oxygen humidification).
- Microbiological purification of water
- Industrial automation for the biomedical sector.
R&D focus has been integrated over the years with a highly automated production systems in several facilities, and with different commercial entities, both in Italy and abroad.
The key success factors of the Group are:
• extrusion of hollow fiber membranes for hemofiltration, plasmapheresis, cascade filtration, oxygen humidification, ultrafiltration and microfiltration of water
Capitale sociale € 4.223.250,00 i.v. – Registro Ditte/REA n° 229672 – Registro Imprese di Modena n° 01604300366 Iscrizione Registro Nazionale Produttori A.E.E. n. IT08020000003645 Partita IVA e Codice Fiscale 01604300366 – Identification Number IT 01604300366
MEDICA S.p.A. Via Degli Artigiani, 7 41036 MEDOLLA MODENA - ITALY
Tel. 0535 51159 Fax 0535 52605 e-mail: [email protected] home page: www.medica.it
International: Tel. +39 0535 51159 Fax +39 0535 52605
- vertical integration, proved by the ability to manage not only the design and development of medical disposables and equipment, and the development of the automation technologies required for their production as well.
- International recognition with significant share of export, with sales in over 60 countries.
For information: Investor Relations Medica Giovanni Plasmati (+39) 0535 51159 [email protected]
Euronext Growth Advisor CFO SIM S.p.A. (+39) 02 303431 [email protected]
UNI CEI EN ISO 9001:2015 UNI CEI EN ISO 13485:2016
Capitale sociale € 4.223.250,00 i.v. – Registro Ditte/REA n° 229672 – Registro Imprese di Modena n° 01604300366 Iscrizione Registro Nazionale Produttori A.E.E. n. IT08020000003645 Partita IVA e Codice Fiscale 01604300366 – Identification Number IT 01604300366