Credem Private Equity SGR completed the fifth investment of its funds acquiring a minority stake in HMC Premedical, owned by the Bisi family.
HMC Premedical, based in the biomedical district of Mirandola (Modena), produces and sells medical components and devices worldwide under its own brand and as Original Equipment Manufacturer.
Founded in the late ‘90s by the Bisi family, HMC Premedical manages all the phases of products development and industrialisation in-house and, thanks to its expertise, is a key partner of international clients in the biomedical and pharmaceutical industries.
The group expects to close 2022 with a turnover of Euro 40 million and an EBITDA higher than Euro 6 million, generating 60% of sales abroad.
Over the years, HMC Premedical has experienced a significant development thanks to both organic growth and several acquisitions in Italy and abroad aimed at strengthening its production capacity and completing its commercial offer. HMC Premedical holds stakes in companies based in UK, Israel and Serbia.
The fund's entry will support and accelerate the group's growth and consolidation through further organic development and additional acquisitions in the biomedical industry as well as in other sectors synergistic to its core business.
Banca Euromobiliare acted as exclusive financial advisor to Credem Private Equity.