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

Scope of Consolidation (Tables)

v3.24.0.1
Scope of Consolidation (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure of Significant Investments in Subsidiaries and Associates [Abstract]  
Schedule of list of companies directly or indirectly controlled

The consolidated financial statements of the Group include the following list of companies directly or indirectly through the subsidiaries Stevanato Group International a.s., Balda Medical GmbH, Spami S.r.l., controlled by the parent company Stevanato Group S.p.A.:

 

 

 

 

 

 

 

 

% equity interest

 

Name

 

Segment

 

Description

 

Country of incorporation

 

2023

 

2022

 

Nuova Ompi S.r.l.

 

Biopharmaceutical and Diagnostic Solutions

 

Production of drug containment solutions and development of integrated solutions for the pharmaceutical industry

 

Italy

 

100%

 

100%

 

Spami S.r.l.

 

Engineering

 

Production plant and machinery

 

Italy

 

100%

 

100%

 

Stevanato Group International a.s.

 

Holding

 

Service/Subholding company

 

Slovakia

 

100%

 

100%

 

Medical Glass a.s.

 

Biopharmaceutical and Diagnostic Solutions

 

Production of drug containment solutions

 

Slovakia

 

99.74%

 

99.74%

 

Stevanato Group N.A. S. de RL de CV

 

Biopharmaceutical and Diagnostic Solutions

 

Service company

 

Mexico

 

100%

 

100%

 

Ompi N.A. S. de RL de CV

 

Biopharmaceutical and Diagnostic Solutions

 

Production of drug containment solutions

 

Mexico

 

100%

 

100%

 

Ompi of America inc.

 

Biopharmaceutical and Diagnostic Solutions

 

Sale of drug containment solutions and analytical services

 

USA

 

100%

 

100%

 

Ompi do Brasil I. e C. de Em. Far. Ltda

 

Biopharmaceutical and Diagnostic Solutions

 

Production of drug containment solutions

 

Brazil

 

100%

 

100%

 

Perugini S.r.l.

 

Engineering

 

Production of consumables and mechanical components for industrial machines

 

Italy

 

100%

 

 

 

Ompi Pharm. Packing Techn. Co. Ltd

 

Biopharmaceutical and Diagnostic Solutions

 

Production of drug containment solutions

 

China

 

100%

 

100%

 

Stevanato Group Denmark A/S (*)

 

Engineering

 

Production plant and machinery

 

Denmark

 

100%

 

100%

 

Medirio SA

 

Biopharmaceutical and Diagnostic Solutions

 

Research and development

 

Switzerland

 

100%

 

100%

 

Balda Medical Gmbh

 

Biopharmaceutical and Diagnostic Solutions

 

Production of in-vitro diagnostic solutions

 

Germany

 

100%

 

100%

 

Balda C. Brewer Inc.

 

Biopharmaceutical and Diagnostic Solutions

 

Production of in-vitro diagnostic solutions

 

USA

 

100%

 

100%

 

Balda Precision Inc.

 

Biopharmaceutical and Diagnostic Solutions

 

Production metal components

 

USA

 

100%

 

100%

 

Ompi of Japan Co., Ltd.

 

Biopharmaceutical and Diagnostic Solutions

 

Sale of drug containment solutions

 

Japan

 

100%

 

51%

 

Schedule of Purchase Consideration and net assets acquired

Details of the purchase consideration are as follows:

 

 

At acquisition date

 

 

 

(EUR thousand)

 

Consideration paid

 

 

6,246

 

Consideration adjustment

 

 

175

 

Total consideration

 

 

6,421

 

 

 

Consequently, the consideration was temporarily allocated to the assets and liabilities acquired while the definitive purchase price allocation will be made within twelve months of the acquisition. Details of the net assets acquired and goodwill are as follows:

 

 

Preliminary fair value at the acquisition date

 

 

 

(EUR thousand)

 

Right of use assets

 

 

736

 

Property, plant and equipment

 

 

738

 

Deferred tax assets

 

 

173

 

Inventories

 

 

105

 

Trade receivables

 

 

781

 

Other receivables

 

 

342

 

Cash and cash equivalents

 

 

2,657

 

Total assets

 

 

5,532

 

Non-current financial liabilities

 

 

422

 

Employee benefits

 

 

381

 

Deferred tax liabilities

 

 

258

 

Other non-current liabilities

 

 

250

 

Current financial liabilities

 

 

198

 

Trade payables

 

 

176

 

Tax payables

 

 

15

 

Other current liabilities

 

 

151

 

Total liabilities

 

 

1,851

 

 

 

 

 

Net assets

 

 

3,681

 

 

 

 

 

Portion acquired by the Group (100%)

 

 

3,681

 

 

 

 

 

Goodwill

 

 

2,740

 

Schedule of Net Cash Outflows Related to the Acquistion

The details of the net cash outflows related to the acquisition are shown below:

 

 

At acquisition date

 

 

 

(EUR thousand)

 

Consideration paid

 

 

(6,246

)

Cash and cash equivalents acquired

 

 

2,657

 

Net cash outflow - Investing activities

 

 

(3,589

)