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B. Braun acquired 60 percent of Ventas Paraguayas

The company will be turned into B. Braun Medical SA Paraguay.

B. Braun Medical International in Spain (BBMI ES) has acquired 60 percent of the shares in Ventas Paraguayas, SA.  The company currently operates as a distributor for B. Braun in Paraguay and will be turned into B. Braun Medical SA Paraguay.

Mr. Mario Arce,  an expert on the Paraguayan market and founding member of the company, will continue as General Manager. Mr. Javier Floris, coming from Controlling in Spain,  joined the company as CFO (Chief Financial Officer) and will be responsible for the Central Services.

"The incorporation of this company into the B. Braun Group will facilitate the Paraguayan market development and extend our presence in the Latin American countries", says B. Braun board member Otto Philipp Braun, responsible for Latin America and the Iberian Peninsula.