BIA Separations Slovenia Raises EUR 1.5 Million from META Ingenium

21Sep2015

BIA Separations Slovenia has raised 1.5 EUR from META Ingenium managed by Luigi Amati and Nina Mazgan in order to expand the business to food industry and strengthen its balance sheet. The said investment will support growing interest in BIA Separations 40L and larger CIM® monolithic columns.

According to Aleš Štrancar, executive director of BIA Separations Slovenia, the said investment will enable the Company to address the food industry needs without compromising the support of exponentally growing number of Company projects in the field of Gene Therapy.

˝BIA Separations Austria, the largest shareholder of BIA Separations Slovenia, moved away from daily business of BIA Separations Slovenia and is undergoing financial restructuring to prepare for a targeted strategic alliance. We welcome META Ingenium and its expertise on board of BIA Separations Slovenia. The Company achieved exceptional growth and the META investment strengthens the Company to stay on the track with all the requests˝said Emmerich Zoechbauer, Chair of the Board of BIA Separations Austria and non-executive director of BIA Separations Slovenia.

˝BIA Separations Slovenia has leading edge technology and significant growth potencial. We are happy to support the Company with our expertise and the capital˝said Michele Marzola, representative of the META Group, experienced private investor in 27 companies, former Vice-President & General Manager of the IBM Global Services acting now as non-executive director of BIA Separations Slovenia also.

About META Ingenium

META Ingenium, member of META Group Holding is an international risk capital Fund which targets at innovative companies with high growth potentials. The Fund invests into early stage companies up to their expansion phase: it focuses on business showing a fully committed and well balanced entrepreneurial team and a market leadership. META Ingenium provides equity funding to its target companies supporting their acceleration and internationalization also through additional rounds of financing.

For more information about META Ingenium please visit:

www.meta-group.com

or contact Nina Mazgan at:

n.mazgan@meta-group.com.