Investindustrial and QuattroR to acquire a stake in MTD.

Investindustrial and QuattroR, two private equity firms, agreed to acquire a stake in MTD, an international group active in the design and production of medical devices for home and professional assistance. Financial terms were not disclosed. Investindustrial and QuattroR will support the company in expanding its product offering and strengthening its presence in Europe and in strategic markets in the United States. The new financial resources, contributed by both partners, will be totally oriented towards supporting MTD's ambitious growth plan in the coming years under the guidance of the new CEO Charles Bouaziz, a manager with extensive international experience in managing companies in the sector.