Medisize Holding AG proceeded from the Health Care unit of Swiss Gurit Holding AG (formerly Gurit-Heberlein AG), which carried out a capital reduction in connection with its IPO and offered existing Gurit shareholders new Medisize shares instead of a cash settlement. According to the listing prospectus, all of the outstanding 4,680,000 registered shares will be admitted to trading on the SWX. More than 80 % of the shares are expected to be publicly held.
Medisize Holding AG develops and manufactures dentistry consumables and disposable plastic medical products. The group has production facilities in Switzerland, Germany, the Netherlands, Ireland, the Czech Republic, Hungary and the USA.
As of 31 December 2005, Medisize Holding AG had 1,150 employees. That year, it generated a turnover of CHF 246.9 million and a net profit of CHF 27.2 million.
