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Alleima has completed the acquisition of Endosmart | Rare Techy

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Allima the as previously announced the purchase of Endosmart Gesellschaft für Medizintechnik GmbH (Endosmart), a Germany manufacturer of medical devices and components made in the form of nitinol alloy. The company is reported in the Kanthal sector of Allima.

For twelve months it turns and stops September 2022the results are almost always with him SEK 105 million, and a neutral EBIT margin at Kanthal. The parties have agreed not to disclose the purchase price. Impact on it Allima’s earnings per share will remain neutral at first.

Sandviken, December 1, 2022

Allima AB (version)

Related links:

Endosmart product examples – YouTube

Endosmart – Website

Administer medication i Allima – Website

Contact details

Emelie AlmHead of Customer Relations
emelie.alm@alleima.com
Phone: +46 (0) 79 060 87 17

Yvonne EdenholmPress and Media Relations Manager
yvonne.edenholm@alleima.com
Phone: +46 (0) 72 145 23 42

About Allima
Allima AB, formerly Sandvik Materials Technology, is a global manufacturer of high-quality products in high-quality stainless steels and specialty areas and solutions for industrial heating. Based on long-term customer relationships and leading technology, we develop products for the most demanding applications and industries. Our offer includes products such as stainless steel tubes for the electrical, chemical and aerospace industries, precision rolled steel for the kitchen appliance, gas and knife applications, over 900 alloy recipes strength It also includes the best wires for medical and micro-devices, industrial heating technology and coated steel for fuel cell technology for cars, trucks, and hydrogen production. Our entire integrated value chain, from R&D to the final product, ensures industry-leading technology, quality, sustainability, and circularity. Allimawith headquarters in Sandviken, Sweden and results of SEK 13.8 billion by 2021, there will be more than 5,500 employees and customers in 90 countries. Allima listed on Nasdaq Stockholm on August 31, 2022 under the symbol ‘ALLEI’. Learn more from www.alleima.com

About Endosmart

Endosmart specializes in processing nitinol shape memory alloys and provides solutions and services for medical device manufacturers. Founded in 2002, Endosmart shares its knowledge and expertise with clients worldwide. The offer includes a comprehensive service: conceptual design of ideas – development of models – order creation, even in a clean room environment – and support during registration. Applications are found in urology, oncology, cardiology as well as orthopedic and vascular areas. With over 90 employees, Endosmart is headquartered in Karlsruhe, Germany. For twelve months it turns and stops September 2022his income is almost constant SEK 105 million. Learn more from www.endosmart.de

https://news.cision.com/alleima/r/alleima-completes-the-acquisition-of-endosmart,c3675951

https://mb.cision.com/Main/21386/3675951/1709140.pdf

(c) 2022 Section. All rights reserved., source Press Release – English

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