HAMBURG, Germany–(BUSINESS WIRE)– PENTAX Medical has acquired majority shares of SIMMEDICA – Sistemas Integrales de Medicina, S.A., based in Madrid, Spain.
PENTAX Medical, the major shareholder of SIMMEDICA, has acquired additional shares of the Spain-based company, SIMMEDICA – Sistemas Integrales de Medicina, S.A., and now holds over 90% of the company. SIMMEDICA provides the Spanish and Portuguese healthcare markets with endoscopy and surgery products and services. The company has increased the sales volume of its products and services over recent years. This led PENTAX Medical to the decision to acquire the majority of ownership of SIMMEDICA. Established in 2001, SIMMEDICA was previously owned by four shareholders, of which PENTAX Medical was already the largest.
This further investment by PENTAX Medical into the Spanish and Portuguese healthcare markets will strengthen PENTAX Medical’s position in these countries, and therefore its standing in Europe.
“I am delighted that PENTAX Medical has further invested into SIMMEDICA, as Spain and Portugal are promising markets for us and we are eager to drive our growth and bring our market leading products and services to as many customers in these countries as possible,” said Rainer Burkard, Managing Director of PENTAX Europe GmbH and President of PENTAX Medical EMEA.
SIMMEDICA’s Managing Director, José Manuel Ruiz, will lead the company towards achieving these strategic goals. He will be supported by Rafael Ruiz Mosquera, a new member of the leadership team who will take the position of General Manager.
“I am very pleased about this important step in the development of SIMMEDICA. My team and I are very excited to work with PENTAX Medical on common goals and sales strategies,” commented José Manuel Ruiz, Managing Director of SIMMEDICA.
Details of the deal were not disclosed.
About PENTAX Medical
PENTAX Medical is a division of HOYA Group. Its mission is to improve the standard of patient care and quality of healthcare delivery by providing the best endoscopic products and services with a focus on QUALITY, CLINICALLY RELEVANT INNOVATION, and SIMPLICITY. Through leading edge R&D and manufacturing, PENTAX Medical provides endoscopic imaging devices and solutions to the global medical community. Headquartered in Japan, PENTAX Medical has a worldwide focus and presence with R&D, regional sales, service, and in-country facilities around the globe.
For more information, please visit: www.pentaxmedical.com/emea