(Tiper Stock Exchange) – International Medical Devices (IMD) is landed today on Euronext Growth Milan (EGM), the Borsa Italiana market dedicated to SMEs with high growth potential. The group operates in medtech sector, particularly in the research and development, production and distribution of a wide range of diagnostic systems for X-Ray. Through the three operating companies (Technix, IMD Generators and Intermedical), it has been active for over 40 years in the medical field, offering highly innovative and cutting-edge solutions in terms of diagnostic imaging.
International Medical Devices represents the thirteenth admission since the beginning of the year on EGMbringing the number of companies currently listed on this market to 194.
In the placement phase, it has harvest 5.42 million euros, excluding the potential exercise of the over-allotment option. In the event of full exercise of the over-allotment, the total amount raised will be 5.97 million euros. The floating upon admission is 15% and the capitalization market value at the IPO is equal to 36.2 million euro.
“The listing on EGM represents a fundamental step in the growth path that will allow us to both support the development program for external linesthrough M&A operations, which strengthen our production and managerial capacities – he commented Aniello Aliberti, president and CEO – Our core business is oriented towards the continuous development of innovative technological solutions in the medical field aimed at the production of devices aimed at preserving health”.
“Our goal, in fact, is to create value in terms of reliability and quality, positioning ourselves as reference player capable of making Made In Italy efficiency and know-how available that we have developed in over 40 years of activity – he added – Confident of continuing on our path with enthusiasm, we look to the future with renewed optimism, aware of reaching ever more ambitious challenges”.