Medacta opens new offices in Rancate, Switzerland
Medacta Group SA / Key word(s): Expansion
Medacta opens new offices in Rancate, Switzerland
05/18/2022 / 18:00
media release
Medacta opens new offices in Rancate, Switzerland
CASTEL SAN PIETRO, Switzerland, May 18, 2022 – Today, Medacta celebrates an important milestone by opening the doors of its new office in Rancate. With an extension of 2,100 square meters supporting the creation of more than 150 new jobs, the new building complements and works in complete synergy with the headquarters of Castel San Pietro: two centers of cutting-edge technology that continue to responsibly innovate for the benefit of patients, Physicians, health systems and the local community.
“I fondly remember the first day of Medacta in 1999. Medacta was born in Ticino and continues to grow, where we also plan further local investments in the future. Today’s event marks another date to highlight in the evolution of our company’s growth locally and globally.” says dr Alberto Siccardi, President of the Board of Directors of Medacta.
“It is with great pleasure that we inaugurate this new building. A new step forward to boost our growth and underpin the recent positive results achieved despite the restrictions imposed by the pandemic. Our strategy, based on the three pillars of innovation, medical education and sustainability in healthcare, is the foundation of our success and drives our plans for future expansion.” explained Francesco Siccardi, CEO of Medacta.
“To support this growth, we have also initiated a new project here in Ticino, with a plan to invest around CHF 40 million in the coming years, which will potentially lead to the creation of more than 300 new jobs. This is in addition to the recent CHF 45 million allocated to acquire, prepare and build the Rancate site.” continues Alessandro Siccardi, Supply Chain Director of Medacta.
The project includes two major expansions at both locations in Ticino. In Castel San Pietro, the production area is expanded by around 5,300 square meters to 15,300 square meters, which corresponds to an increase in the total area of more than 50 percent. The current 12,000 square meters in Rancate will be further expanded with a new area of approximately 9,500 square meters dedicated to both offices and production, with an increase in plant area of almost 80%. In total, the Medacta facilities in Ticino will cover more than 36,800 square meters.
“These plans are being implemented while maintaining a strong focus on sustainability for all stakeholders. When designing our new buildings, energy efficiency has been carefully integrated, including evaluating the introduction of renewable energy sources and other green initiatives.” says Maria Luisa Siccardi Tonolli, Member of the Board dedicated to the sustainability of the Group and Vice President and Member of the Medacta for Life Foundation.
Medacta is committed to using 100% renewable energy sources and has implemented a number of measures aimed at reducing greenhouse gas emissions and minimizing waste streams.
Medacta will continue to promote and expand sustainable mobility initiatives with the aim of making a significant contribution to reducing traffic. After the successful introduction of ride-sharing for local employees in 2014, Medacta also supports the use of public transport and micro-mobility solutions.
Through the Medacta for Life Foundation, Medacta also supports social and humanitarian initiatives on a local and global level. Local initiatives are primarily aimed at future generations and families in need.
“Over the last twenty years, Medacta has made significant strides, contributing to the advancement of healthcare and of patients who, like me, needed orthopedic surgery to return to a safe and active lifestyle. I am proud to see Medacta thrive under my family’s leadership,closes DR Alberto Sicardi.
Following the inauguration, the Annual General Meeting will take place on May 19, 2022 to approve the 2021 Annual Report, among other things, at the headquarters in Castel San Pietro.
Contact – Medacta International SA
Gianluca Olgiati
Senior Director Global Marketing
Telephone: +41 91 696 60 60
[email protected]
Gianna LaRana
Head of Investor Relations
Telephone: +41 91 696 14 95
[email protected]
About Medacta
Medacta is an international company specializing in the design, production and distribution of innovative orthopedic products and the development of accompanying surgical techniques. Medacta was founded in Switzerland in 1999 and is active in the fields of joint replacement, spine surgery and sports medicine. Medacta is committed to improving care and patient well-being and maintains a strong focus on the sustainability of healthcare. Forged through close collaboration with experienced surgeons worldwide, Medacta’s innovation began with minimally invasive surgical techniques and has evolved into personalized solutions for each patient. Through the MORE Institute, Medacta supports surgeons with a comprehensive and customized program to advance medical education. Medacta is headquartered in Castel San Pietro, Switzerland and operates in over 40 countries.
End of media release