Pentax Medical, already the major shareholder of Spanish endoscopy company Simmedica, has acquired additional shares, leaving it owning 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, which has been the apparent stimulus in leading Pentax Medical to the decision to acquire the majority of ownership
Pentax’s intention is clearly to strengthen its position in the Spanish and Portuguese healthcare markets, in so doing increasing its presence in Europe.
Simmedica’s Managing Director, José Manuel Ruiz, will lead the company towards achieving these strategic goals, supported by Rafael Ruiz Mosquera, a new member of the leadership team who will take the position of General Manager.
for Pentax Medical
“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.
“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.
Source: Pentax Medical