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Stage Capital Sells STI Group To Mérieux Développement / GIMV

Stage Capital, the private equity and real estate investor backed by funds managed by Goldman Sachs Asset Management and Glendower Capital (previously Deutsche Bank Private Equity), is pleased to announce the signing of the sale of STI Group to a consortium of private equity firms Mérieux Développement and GIMV. STI Group is a fast-growing developer and manufacturer of plastic medical devices for the healthcare industry. Stage has sold its 92.5% stake in the business, having transformed a diversified moulding company acquired in 2013 into a pure-play medical devices business that is very well positioned to become a key player in the...