Adler Ortho S.p.A.

Adler Ortho S.p.A. is a biomedical company active in the design and production of high-tech orthopedic prostheses for complex surgical implants mainly for hip and knee joint replacement.

The transaction consisted in the subscription of a minority stake of the company's share capital in favor of a vehicle, Space Orion S.p.A., specifically set up by Space Capital Club shareholders.

Founded in 2004 by the Cremascoli family, which boasts over 50 years of experience in the orthopedics sector, and led today by the second generation represented by Edgardo and Davide, sons of the founder Patrizio Cremascoli, Adler Ortho is based in Cormano (Milan), and has 3 production plants in Italy.

Adler Ortho recorded a turnover of approximately Euro 40 million in 2019, with an EBITDA margin of 16%. The company has a work force of approximately 150 people and a consolidated international presence; in fact, about 50% of the turnover is recorded abroad and in particular in France, Japan and the UK.

A pioneer in additive manufacturing technology (3D printing), Adler Ortho was the first player in the industry to adopt this technology on an industrial scale and is characterized by a broad pipeline of highly innovative products, particularly in the field of revision and limb salvage (for example for oncological interventions or for severe trauma).