Menarini invests 150 million euros in a new pharmaceutical plant in Italy: its name will be linked to the
relaunch of the country Lucia and Alberto Giovanni Aleotti: "A heartfelt choice for our country"
Menarini chooses Italy for its new €150 million manufacturing site.
Not only will the new plant be the most modern and among the largest of the Group, but it will also be a sign of
Italy’s strong desire to relaunch itself. The decision to interrupt the search for the most economically
attractive international location and the choice to favour Italy matured during the extremely difficult period
of the lockdown, when the tragic consequences of the pandemic on the Italian economy began to be evident.
"Together with the Board of Directors we made a decision with our hearts: to favour our country, and to do it
with an investment of €150 million that would immediately contribute to the economy and to employment,"
commented Lucia and Alberto Giovanni Aleotti, shareholders and members of the Menarini Board. "We are an
Italian company and we are proud to be one. Here we will manufacture drugs which are the essence of the Menarini
Group and are used every day by tens of millions of patients in Italy and abroad."
The site will be built near Florence, it will cover a total area of 40,000 square meters and employ 250 people
and just as many in the satellite activities. It will be a smart manufacturing plant with innovative production
technologies and automation and digitalization systems in line with the Industry 4.0 program including important
environmental sustainability objectives.
The plant will have an annual production capacity of about 100 million packs corresponding to about 3 billion
tablets and will be imprinted with that same desire for relaunching the country which gave it life thanks to a
particular initiative: "his manufacturing site will be given its name much as with a new baby," continue
Lucia and Alberto Giovanni Aleotti. "It will be our employees who will choose it. A name that embodies
the courage, the will and the heart of an Italy that wants to get back on its feet and unite in the most
The Menarini Group, which has recently announced the tender offer of the US biotech company, Stemline, closed
2019 with growing figures compared to 2018.
Turnover reaches nearly € 3 billion 800 million (€3,793 million), with an increase of 3.2% compared to 2018, and
an EBITDA of €492 million. Growth was driven by international markets despite the patent expiration of Adenuric
(febuxostat), a drug for hyperuricemia.
"The year that ended was obviously not affected by the Covid-19 crisis and saw Menarini increase its presence
abroad and strengthen its governance with the appointment in September of the Group's CEO, Elcin Barker
Ergun. Today international turnover makes up 77% of the total one thanks to the dedication and
commitment of our employees who are the ambassadors of quality of all Menarini drugs worldwide." commented
Eric Cornut, Chairman of the Menarini Group.
The Menarini Pharmaceutical Group, with headquarters in Florence, is present in 136 countries
worldwide to date, with € 3,793 million in turnover and more than 17,000 employees. With 7 centres
for Research & Development, Menarini’s products are present in the most important treatment
areas, including cardiological, gastroenterological, pneumological, infectious diseases, diabetic and anti
-inflammatory/analgesic products. Pharmaceutical production is carried out in the Group's 16
manufacturing plants located in Italy and abroad, which produce and distribute over 585 million
packets of product a year. Menarini's pharmaceutical production, in line with the highest quality
standards, provides an ongoing contribution to the health of patients throughout the world.