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Announced

Sapio to acquire GTI medicare and GTI Nord medicare.

Synopsis

Sapio, one of Italy's largest independent gas suppliers and healthcare companies, agreed to acquire the home therapy companies GTI medicare and GTI Nord medicare. Financial terms were not disclosed. SAPIO intends to continue to consistently implement its international expansion plan, strengthen its presence for customers and patients in Germany, and drive the companies' sustainable growth. "I am very pleased, because this acquisition in Germany will provide important growth opportunities for our company and our employees. I would like to thank all those who have worked for the success of the transaction and extend a warm welcome to our new CEO Patrick Dupont," Alberto Dossi, SAPIO President.

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