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Third move to Borsa Italiana’s STAR segment in 2021
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Fine Foods & Pharmaceuticals N.T.M. S.p.A. brings the total number of companies listed on Borsa Italiana’s STAR segment to 80
Milan – 12 July 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Fine Foods & Pharmaceuticals N.T.M. S.p.A. on its move from AIM Italia to Borsa Italiana’s STAR segment.
Fine Foods & Pharmaceuticals N.T.M. S.p.A. listed on Borsa Italiana’s AIM Italia in October 2018. The company is the twelfth firm to move from AIM Italia to Borsa Italiana’s STAR segment, bringing the total number of companies listed on Borsa Italiana’s STAR segment to 80.
Marco Francesco Eigenmann, Chairman and CEO of Fine Foods & Pharmaceuticals N.T.M. S.p.A., said: ”The transition to the STAR segment was one of Fine Foods’ objectives when it first listed on AIM Italia. Today, we can say that we kept our promise to the market. This transition will allow us to create new growth opportunities, organic and by acquisitions, and to access an ever-wider range of Italian and international investors. This achievement, strengthened by our business model based on solid governance, unrivalled R&D, a passion for innovation and a holistic ESG approach, is the beginning of a new journey that will generate further value for all our stakeholders. I want to thank Borsa Italiana, who assisted and supported us in this historic milestone for the company, our consultants, our employees and all those who helped us to make this operation possible.”
Fine Foods & Pharmaceuticals N.T.M. S.p.A.
Fine Foods & Pharmaceuticals N.T.M. S.p.A. is an Italian independent CDMO (Contract Development and Manufacturing Organisation). It develops and manufactures contract products for the pharmaceutical and nutraceutical industry; the Fine Foods Group is also active in the cosmetics, biocides and medical devices industries with its recent acquisition of Pharmatek-PMC. Founded in 1984, from a pharmaceutical and nutraceutical synergy, Fine Foods has been pursuing quality and innovation on behalf of its customers as its primary objective. With €172 million in revenue in 2020 and an 11% CAGR over the last decade, it is a growing and future-oriented company. The sustainability of the business model and the holistic approach to ESG, together with product innovation, are drivers that will allow the Group to fully develop its intrinsic potential.