Empresas y finanzas

TVM Capital Steps up Its Involvement in Riemser Arzneimittel AG - GE Healthcare Financial Services Also Acquires an Interest in the Company



    Munich-based investor TVM Capital and GE Healthcare Financial
    Services now jointly hold 25.4% of shares in Riemser Arzneimittel AG,
    with the remaining 74.6% owned by the Braun family. TVM Capital gained
    a 10% share in the medium-sized pharmaceutical company located on
    Riems Island in Mecklenburg-Vorpommern at the end of last year.

    Together with the new shareholders, the firm´s management, led by
    CEO Norbert Braun, will continue to pursue its international growth
    and specialization strategy with determination. In the words of Dr
    Christoph Schroder, TVM Capital partner and a member of Riemser´s
    Supervisory Board, "We are looking forward to furthering
    systematically the impressive development of Riemser AG. The growth
    strategy pursued by the management can now be implemented even faster
    and lead the company towards further market successes".

    According to Theo Weber, Director of GE Healthcare Financial
    Services Deutschland, "The main focus of our investment policy in the
    healthcare and pharmaceuticals sector, combined with GE´s capacity to
    cover the full range of financing services, make GE Healthcare
    Financial Services the perfect partner for investing in Riemser
    Arzneimittel AG, together with TVM Capital".

    Additional editorial information:

    TVM Capital

    TVM Capital, founded in 1983 as Techno Venture Management, is one
    of the first venture capital firms formed in Germany and was an early
    entrant into the US market in 1986. Since its launch, TVM Capital has
    raised more than EUR 1.3 billion in six fund generations and has
    established itself as one of the leading VC companies in Europe. TVM
    Capital funds have made investments in some 240 technology and life
    science companies in Europe and the US - sectors where innovation,
    effective management and sound financial backing have a major impact
    on company growth. The firm´s in-depth knowledge of the European and
    international market environment provides TVM Capital portfolio
    companies with access to research, science and capital, and helps the
    international development of management and distribution channels.
    More than 50 TVM Capital-backed companies have gone public on European
    or US stock exchanges. Today, TVM Capital is actively invested in over
    70 companies. For more information, visit: www.tvm-capital.com

    GE Healthcare Financial Services

    GE Healthcare Financial Services is the leading provider of
    financial solutions for the healthcare market. With over $17 billion
    in assets, GE Healthcare Financial Services offers a full range of
    financing capabilities from equipment leasing and real estate
    financing to working capital lending and acquisition financing. With
    its experience and in-depth knowledge of the healthcare industry, GE
    Healthcare Financial Services offers its customers tailored financial
    solutions. For more information, visit:
    www.gehealthcarefinance.com/europe

    RIEMSER Arzneimittel AG

    RIEMSER Arzneimittel AG is a pharmaceutical company located in
    Greifswald on Riems Island, in Mecklenburg-Vorpommen. RIEMSER AG
    operates several companies in Germany, producing anti-inflammatory,
    dermatological and dental drugs as well as medication to treat
    tumorous and immunological diseases. The firm´s research and
    development partners are renowned research institutes and universities
    in Germany and Europe. Research partners in Mecklenburg-Vorpommern
    include the Medical Faculty Institutes of the Universities of Rostock
    and Greifswald as well as the renowned Riems Island Friedrich Loeffler
    Institute (FLI). For more information, visit: www.riemser.de

    The original source-language text of this announcement is the
    official, authoritative version. Translations are provided as an
    accommodation only, and should be cross-referenced with the
    source-language text, which is the only version of the text intended
    to have legal effect.