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Stevanato Group Initiates Construction on New U.S. Facility

Construction on Fishers, Indiana plant to commence this month and is expected to be completed in 2023 State-of-the-art manufacturing operations to enable Stevanato Group to better serve North America ....

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COVID-19 vaccine vial maker Stevanato preps IPO valuing it at up to $5 bln -sources


3 Min Read
LONDON (Reuters) - Italy’s Stevanato Group, manufacturer of glass vials for COVID-19 vaccines and other healthcare products, is making plans for an initial public offering this year that could value the company at between $4 billion-$5 billion, three sources with knowledge of the situation told Reuters.
FILE PHOTO: A medical worker holds a vial of a COVID-19 vaccine in a newly opened mass vaccination centre at the Cecchignola military compound, in Rome, Italy, February 23, 2021. REUTERS/Remo Casilli
Bank of America and Morgan Stanley are among the banks appointed for the stock market listing which is expected to take place in New York, two of the sources added. ....

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