Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Subsidiaries With Non-controlling Interest

v3.24.0.1
Subsidiaries With Non-controlling Interest
 12 Months Ended
Dec. 31, 2023
Disclosure of subsidiaries [abstract]  
Subsidiaries With Non-controlling Interest

35. Subsidiaries with non-controlling interest

The Stevanato Group comprises the following subsidiaries with non-controlling interest:

 

 

 

At December 31,

 

 

At December 31,

 

Name

 

Country

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

Ompi of Japan Co., Ltd.

 

Japan

 

 

0

%

 

 

49

%

Medical Glass a.s.

 

Slovakia

 

 

0.26

%

 

 

0.26

%

 

 

 

 

 

 

 

 

 

 

 

 

At December 31,

 

 

At December 31,

 

 

 

 

 

2023

 

 

2022

 

 

 

 

 

(EUR thousand)

 

 

 

 

 

 

 

 

 

 

Proportion of equity interest held by non-controlling interests:

 

 

 

 

 

 

 

 

Ompi of Japan Co., Ltd.

 

 

 

 

—

 

 

 

451

 

Medical Glass a.s.

 

 

 

 

(55

)

 

 

(64

)

 

 

 

 

(55

)

 

 

387

 

 

 

 

 

 

 

 

 

 

Profit allocated to non-controlling interest:

 

 

 

 

 

 

 

 

Ompi of Japan Co., Ltd.

 

 

 

 

(56

)

 

 

(176

)

Medical Glass a.s.

 

 

 

 

(3

)

 

 

9

 

 

 

 

 

(59

)

 

 

(167

)

 

 

Changes in non-controlling interests are shown in the consolidated statement of changes in equity.

Effective July 31, 2023, Stevanato Group entered into an agreement with Winckler & Co. Ltd, SE Holdings Co. Ltd and Ompi of Japan Co., Ltd., to purchase the remaining minority equity interests in Ompi of Japan Co., Ltd. and to terminate the JV agreement with SE Holdings Co. Ltd. The consideration paid for purchasing the non-controlling interests in Ompi of Japan Co., Ltd. amounted to EUR 250 thousand.