Bellco announces the acquisition of HBiofluids
The Mirandola-based Bellco, leader in systems for dialysis and extracorporeal blood purification, has made an important new acquisition to consolidate its market position.
Bellco, among the market leaders in systems for dialysis and extracorporeal blood purification, has consolidated its market position through the acquisition of HBiofluids.
HBiofluids was formed as a pharmaceutical company in 2002 by Argentinean businessman Juan Boris Scalesciani and produces fluids for dialysis, haemofiltration and intravenous therapy.
Ever since its formation, HBiofluids has operated as a full contract manufacturer covering the entire medical fluid supply chain, from production to marketing. The company’s technologically advanced production plants are located in the Valtellina area of northern Italy, where the water possesses ideal characteristics for medical use. HBiofluids is certified for its application of GMP (Good Manufacturing Practice), the strictest standard governing the production of pharmaceutical products.
HBiofluids currently supplies some of the leading enterprises in the field of extracorporeal blood purification for chronic and intensive care patients, and for home dialysis and peritoneal dialysis too. Acquisition by Bellco will allow HBiofluids to maintain and consolidate its existing business, and, more important, will enable Bellco to integrate its upstream activities in the high-added-value business of medical fluid production.
“The acquisition of HBiofluids is an important strategic decision from our side” declared Antonio Leone, Chairman of Bellco. “I am delighted that we have been able to leverage on such an important opportunity to support Bellco’s growth plans. I am also particularly pleased that the Scalesciani family has decided to maintain a 20% shareholding in HBiofluids.”
Carlo Medici, Bellco’s CEO added “Our acquisition of HBiofluids will enable Bellco to move ever closer towards the objective of delivering a complete service to public and private dialysis centres. It will also allow us to grow significantly in the field of intensive care, where intravenous fluids play an integral and fundamental role in patient therapy. This is what promoting Italian excellence in the high-tech biomedical sector means for us”.