# Poly Medicure to fully acquire Citieffe Group for ₹324 crore

Poly Medicure Ltd has signed a definitive agreement to acquire 100% stake in Medistream SA (Citieffe Group), an Italy-based orthopaedic trauma and extremities manufacturer, for an enterprise value of ₹324 crore (EUR 31 million).

- Type: Acquisition
- Announced: 2025-09-24
- Where: Italy
- Value: $3.90M (324.0M INR)
- Status: announced
- Products: orthopaedic trauma and extremity implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [ARCHIMED](https://endata.com/companies/34181.md) (investor)
- [Poly Medicure Ltd.](https://endata.com/companies/80398.md) (acquirer)
- [Medistream SA](https://endata.com/companies/87340.md) (target)
- [Citieffe SRL](https://endata.com/companies/87341.md) (target)
- [Citieffe De](https://endata.com/companies/88288.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/companies/news/poly-medicure-to-fully-acquire-citieffe-group-at-value-of-324-cr-125092400827_1.html), 2025-09-24: "This acquisition provides Poly Medicure with an entry point into the large global orthopaedics market, particularly in the trauma and extremities segment."
- [bakermckenzie.com](https://www.bakermckenzie.com/en/newsroom/2025/11/sale-of-citieffe-group-to-polymed), 2025-11-01: "This strategic acquisition provides PolyMed with a gateway into the global orthopedics market, particularly in the trauma and extremities segment."
- [scanx.trade](https://scanx.trade/stock-market-news/orders-deals/poly-medicure-completes-full-acquisition-of-medistream-sa-gaining-100-control-of-citieffe-group/23993736), 2025-11-06: "Poly Medicure Limited's subsidiary, Poly Medicure B.V. Amsterdam, has finalized the acquisition of Medistream SA and its subsidiaries, collectively known as the Citieffe Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.