The FII enters the capital of General Medical Merate, a leading company in the Bergamo area in the production of radiological equipment.
A new intervention by the Fondo Italiano di Investimento has been approved in support of Italian excellence. This time the Fund has signed a contract to become part of the share capital of General Medical Merate (GMM), a Lombard company active in the production and marketing of radiological equipment. The Fund will contribute new risk capital for a total of 13 million euros by subscribing a minority stake in the company.
General Medical Merate was founded in 1952 in Seriate in the province of Bergamo and is controlled by the Sordi family through the holding company GMM Italia SpA. The company employs around 250 people and in 2011 produced a turnover of 68 million euros two thirds abroad to demonstrate the quality level of the products.
In fact, GMM is positioned today within "a historical nucleus of Italian companies which over the years have achieved global excellence in the diagnostic radiology machinery sector, placing themselves as a point of reference for the entire sector at a national and international."
Specifically, GMM's production consists of state-of-the-art radiological equipment (both static and dynamic), such as "high-tech remote-controlled tables, sophisticated hanging machines, complete radiological rooms and monoblocks". The company markets its products both under its own brand and as a supplier to major multinationals.
Massimo Sordi, President of GMM, declared: “In the recent past, GMM has launched an important program of acquisitions of some Italian brands in the sector, at the same time enhancing its international presence. The agreement reached with Fondo Italiano will allow the company to continue this path, even in the short term, aimed at strengthening and consolidating its position on the Italian and international markets. Furthermore, the company will have sufficient energies to accelerate research and development aimed at technological innovation, essential to be competitive in an increasingly complex and selective market”.
The complete press release is attached
Attachments: Press Release FII-GMM.pdf
