Announced

NB Renaissance to invest in Neopharmed.

Synopsis

NB Renaissance, a private equity general partner firm, agreed to invest in Neopharmed, a provider of research, development and distribution of medicines. Ardian reinvests and together with NB Renaissance, jointly holding a majority stake with equal shares. Mediolanum Farmaceutici will maintain a significant stake in the company. Financial terms were not disclosed. "We are extremely proud of the relationship established with Alessandro Del Bono and with the entire management team of Neopharmed Gentili. As a result of our partnership, the company has achieved brilliant results over the past four years, and we are convinced there are numerous continued growth opportunities in Italy and abroad. We believe that this partnership with NB Renaissance will facilitate further consolidation and international development, while safeguarding the current corporate culture.” Nicolò Saidelli, Ardian Head of Italy and Deputy Head of Buyout.

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