Stevanato Group acquires InnoScan

Stevanato Group strengthens its market position by acquiring the majority stake of InnoScan, a Danish manufacturer of state of the art high-speed inspection machines for the pharmaceutical industry.

Through this acquisition InnoScan will widen its international presence and the Stevanato Group, adding InnoScan competencies and portfolio alongside its Optrel range of machinery, strengthens its business in the inspection technologies for pharmaceutical filled containers.Stevanato Group is now able to provide its current and future pharmaceutical customers with a full range of visual inspection technologies and market coverage breadth.

"This acquisition is completely in line with our Strategic Growth plan and goes in the direction of strengthening our technological leadership in primary packaging products and related technologies", specifies Cav. Sergio Stevanato, President of the Group. "The addition of InnoScan to the Stevanato Group allows both current and future Clients to benefit from the joined technological knowhow and innovative process approach and from a complete available range of products for the inspection of all type of containers, including syringes, for a wide range of speed, mode of use and filled products"

The two co-founders, Gert Nielsen and Tonny Jervelund, as well as CEO Mads Peter Lübeck will continue in their current positions and functions as well as remain shareholders in InnoScan.

This acquisition is made much stronger by the shared ​​foundation values of the two companies: innovation, quality, flexibility and customer orientation which for both companies have proven effective in bringing to the pharmaceutical industry an effective range of visual inspection machines.

600450 Stevanato Group acquires InnoScan
Date: 4 July 2013

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