Announced
Completed
Synopsis
SOL Group, an Italian multinational company active in the production, applied research and sale of technical, pure and medical gases, completed the acquisition of a 51% stake in ITOP, a company engaged in the design and production of custom-made aids, prosthesis and orthosis. Financial terms were not disclosed. "The SOL Group continues its diversification strategy in sectors synergistic to those in which it already operates, those with high specialization and technological content, to expand the range of products and services to their patients in the healthcare sector. We are happy to start a new development adventure thanks to the partnership with Francesco Mattogno, a successful entrepreneur, and his team of engineers and orthopaedic technicians, with the aim of consolidating and renewing the offer of products and services in the Italian market of orthopaedics," Aldo Fumagalli Romario, SOL Group President and CEO.
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