General Medical Merate Receives €13M Equity Investment from Fondo Italiano di Investimento

General Medical Merate (GMM), a Seriate (Bergamo), Italy-based manufacturer and supplier of X-ray diagnostics, has receives a €13m minority equity investment from Fondo Italiano di Investimento.

The company intends to use the proceeds from the investment to grow through acquisitions in order to complete the range of products and bolster the company in some strategic areas.

Founded in 1952 and currently controlled by the Sordi family, which is the majority stakeholder through the holding company GMM Italia SpA, General Medical Merate GMM manufactures and supplies X-ray diagnostics including Radiographic systems, remote-controlled systems ans specilized units.

The company, which is les by President Massimo Sordi, employs about 250 employees and had a turnover of €68m in 2011.



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