Profile
- The GVS Group is one of the world's leading manufacturers of filters and components for applications in the Healthcare, Life Sciences, Automotive, Appliance, Safety, and Commercial & Industrial Filtration.
- The Group's clear strategy towards internationalization, has led to the opening of 12 production facilities located in Italy, UK, Brazil, the United States, China and Romania, as well as offices in Russia, Turkey, Argentina, Japan, Korea. GVS currently have a workforce of over 2,700 people globally.
- For 40 years, GVS has focused on innovation in its products range and production processes, constantly improving its development capacity to provide the best service and support for its clients
Wide range of standard products
GVS produce a wide range of standard filters and components in all the divisions, these standard products support customers by eliminating the need for large investments to develop new products or improve existing processes.
All the GVS product range meet the highest quality standards required, even for very high tech or critical applications. Working at this level guarantees a high quality level for every product manufactured.
Personalized design
GVS has developed a flexible and dynamic structure with advanced technological skills.
For customers who require product development or just process development we offer a complete service. This covers all stages of the project including product and process design, validation, up to the mass production for large quantities.
Global Development
Ever since it was founded, the GVS Group has demonstrated a strong inclination towards expansion into global markets. Through the GVS Corporate headquarters and subsidiaries worldwide GVS have built a commercial and manufacturing network to support its clients locally offering a more effective and efficient technical support and customer service.
In high technology and safety critical markets GVS has found it vitally important to be able to work at a local level with customers as well as remaining in contact with their head offices globally. With this approach GVS have been able to share innovative solutions to problems across their international network.
GVS currently have sites in the following locations: Italy (3), UK (1), Brazil (1), USA (4), China (2) and Romania (1) as well as offices in Germany, Russia, Turkey, Argentina, Japan, Korea, India.
History - Timeline
GVS was founded in 1979 and initially focused on medical blood filters production. The company later branched out into the production of a wide range of proprietary products, rapidly gaining considerable success and receiving recognition worldwide. The company was founded by Grazia Valentini with the support of her father Renato, one of the first injection mold designers in Italy. Between them they developed the first innovative techniques of automatic co-molding on horizontal presses and these were the foundations on which the present company technologies were based.
The work done in critical and maximum-safety sectors such as the Automotive sector (ABS braking systems) the Medical sector (blood filtering), Life Sciences (diagnostic and biotechnology), Safety and Biohzard (respiratory and antiviral protection), Molecular Filtration (chemical protection) has encouraged GVS's inclination towards constant innovation and improvement. GVS is today considered a group with a fine tradition of quality and high technological innovation in design and materials used, and it is these features which are the key to its international success.
Throughout its history, GVS has always invested in people and benefitted from the skills, energy and enthusiasm they bring to the company. It’s the people within the business that drive the success of the group. GVS recognise this and provide incentives for their creativity whilst and cultivating their professional skills to ensure continuous development and innovation.
1979
GVS established by Ms. Grazia Valentini as GVS Srl producing filters for medical applications
1983
Automotive division is set up and a second production plant opened.
1990
Opening of the third production plant.
1993
Opening of a subsidiary in Belgrade, to cover all the ex-Yugoslavia market.
1995
GVS obtains ISO 9001: 1994 Quality System Management Standard Certification.
1995
A GVS subsidiary is opened in Buenos Aires.
1997
GVS obtains QS 9000 and AVSQ'94 Certifications.
1999
Setting up of GVS do Brasil at Monte Mor, Sao Paolo, Brazil.
2000
Opening of the Group's new head-offices in Bologna.
2001
Change-over to GVS SpA, to best sustain future growth. The B Group private equity fund contributes capital through the purchase of a minority share of GVS.
2002
Opening of a sales office in Shanghai, China.
2002
Startup of a trading partnership in Tokyo, Japan.
2003
Construction and opening of the fourth production plant in Italy, GVS Sud, in Manocalzati (AV).
2003
Opening of the new branch, GVS Filter Technology Inc., in Indianapolis, USA.
2004
Opening of a new branch in Guadalajara, Mexico.
2005
GVS Filter Technology Inc. moves in to a new production facility in the USA.
2005
GVS obtains ISO/TS 16949:2002 certification, and ISO13485 certification for the medical sector. GVS Shareholders buy back shares from the B Group fund.
2006
Started joint venture with a local Chinese medical company.
2007
China: 100% Acquisition of Local Chinese JV (medical).
2007
Brazil: Doubling of production capacity by extending the production plant.
2009
GVS Italian headquarters successfully achieved UNI EN ISO 14001:2004 certification.
2009
Spain: Acquisition of GEMA Medical, Laboratory Filtration.
2009
Acquisition of Fenchurch Environmental Group in the UK.
2010
GVS obtains ISO 9001: 2008 quality system management standard certification revision
2011
Mandarin Capital Partners enters contributing contributing capital through the purchase of a minority share in GVS Group.
2012
Japan: Startup of GVS Japan and Nihon Nypro Acquisition
2012
UK: Acquisition of 100% Remploy Ltd, HEPA filter producer (C&I Filtration Division)
2012
Complete reorganisation of the Chinese Suzhou plant into a world class manufacturing site.
2012
UK: Complete the acquisition of the UK Fenchurch Group
2012
GVS acquired a majority stake in Maine Manufacturing to facilitate the acquisition of the Filter & Membrane business of GE Osmonics and GE Healthcare Lifesciences.
2012
Puerto Rico: Acquisition of IVEX and Nutrivex Filter product line of NP Medical
2013
GVS SpA: Firstbond issuing with a private placement subscriber.
2014
Complete Start up GVS Korea & GVS Russia
2015
100% Acquisition of an Italian bio-hazard equipment manufacturer.
2015
Complete Mandarin Capital Partners buy back.
2015
Group launch of a new supply chain system.
2015
100% Acquisition of a Brazilian disposable mask company for the Safety Division.
2015
Reorganisation of the UK manufacturing site.
2015
New 8.000 sqm manufacturing plant in Romania.
2015
3000-sqm expansion of the Italian manufactoring site.
2016
GVS complete the acquisition of SEGRE AB, swedish manufacturer of disposable masks
Research & Technological Development
Technology at the Heart of the Business
Thanks to pioneering strategic choices and considerable investments in R&D and advanced management systems GVS has obtained considerable success throughout its history and received a number of international awards.
Constantly Committed to Development
In order to offer its clients a wide range of services and high-quality, reliable products, GVS has invested in modern equipment, systems and techniques. These techniques support its programs of research and technological development and also assist in the design of new innovative products. Each manufacturing plant globally shares these innovations to assist the group continue to develop at the forefront of technology.
Customer product developments are followed at every step by the GVS Design Team, from their initial concept through to their industrial production. Proprietary products are developed internally and feature advanced technical innovation compared to existing products in the international market. Where possible the design teams make use of the internally produced GVS membranes and filter media to ensure products perform to the best possible standards.
This design process has resulted in a large number of patents being filed and accepted for the more unique design features within the GVS product range.
Quality & Environment
A Tradition of Quality
GVS Group have operated to the international standard ISO 9001 since 1995. 2 years later GVS attained the QS9000. After a further 8 years of certification according to the QS9000 standard, the automotive division then acquired the new ISO/TS 16949 certification. This is the new world standard for the automotive sector.
The Medical Division has obtained ISO 13485 certification as well as authorisation for CE marking in accordance with the European Directive 93/42/EEC for some of its medical devices.
The majority of GVS plants have successfully achieved UNI EN ISO 14001 certification for Environmental Management System (EMS).
All other divisions continue to operate to ISO 9001 and other required certifications for their specific markets.
GVS - a "Quality-Oriented" Group
The GVS quality procedures are the common foundation for all those working with the GVS group. GVS constantly innovates and improves its structure and organisational processes, developing and monitoring systems to guarantee a high level of quality and excellence for its internal and external clients.
Defect Free Manufacturing
Satisfaction of the client's expectations and staff training are the main objectives of GVS. By applying principles of Quality and continuous improvement the company makes use of advanced design technologies, methods of error prevention and control systems. These system are used throughout the manufacturing processes worldwide to reduce the percentage of products which do not comply with specifications and helps us reach our target of 100% defect free manufacturing.
Our social commitment
Continuously aware of the role and function companies have in local communities, towards the land and its people, GVS S.p.A. has always given top priority to its social commitment and felt a keen sense of responsibility.
This commitment is driven by the same spirit that underlies the company’s practices and draws inspiration from the same values and principles.
To this end, GVS S.p.A. supports a range of entities and associations committed to helping those in need and supporting research, particularly local charitable and non-profit organizations.
One of the organizations that receives the support of GVS S.p.A. is Fondazione Il Bene – Onlus, an NGO that works toward furthering research on rare neurological and neuroimmune diseases, with a special focus on new diagnostic and therapeutic methodologies.
Another NGO committed to research and benefitting from the support of GVS S.p.A. is Fondazione per la Ricerca sulla Fibrosi Cistica – Onlus.
Additionally, GVS is a strong supporter of Save the Children, the organization that works toward ensuring child safety, protection and growth.
At local level, GVS S.p.A. assists the Green Cross of Valsamoggia and the community’s Fire Brigade, helping to fund the construction of the new headquarters of the NGO Gruppo Volontario di Soccorso Valle Lavino – Onlus.
The company’s social commitment has grown over the years and become an integral part of the group’s identity.
In recent years, in lieu of Christmas gifts, GVS S.p.A. has made donations to Associazione Nazionale Tumori (ANT) – Italy’s biggest non-profit working to provide specialist home care to cancer patients and prevention free of charge.
GVS Fast Facts
A DYNAMIC AND FLEXIBLE STRUCTURE
GVS has developed a flexible and dynamic structure with advanced technological systems which enabled it to achieve constant and balanced growth. The group currently has a workforce of over 2.300 people operating with more than 200 molding presses and automatic assembly cells. GVS Group has Clean Rooms with classes 10,000 to 100,000. The total covered surface area and controlled contamination manufacturing departments of all sites now exceeds 26,000 square metres.
HEADQUARTERS
BOLOGNA, ITALY
BOLOGNA, ITALY
FOUNDED IN 1979
6 DIVISIONS
SALES OFFICE
2018 PRODUCTION
1.6 BILLION UNITS
1.6 BILLION UNITS
2.700 EMPLOYEES
in 25 LOCATIONS AROUND THE WORLD
in 25 LOCATIONS AROUND THE WORLD
12 MANUFACTURING
PLANT
PLANT
Balances
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The following information is confidential and does not constitute an offer to sell or a solicitation of an offer to buy any securities of GVS S.p.A. or any of its subsidiaries or affiliates.Any such securities may not be offered or sold in the United States except in transactions made pursuant to an applicable exemption from the registration requirements of the U.S. Securities Act of 1933 and other applicable securities laws. The information provided in the following website is not intended to be accessed within the United States of America or by U.S. persons other than by “qualified institutional buyers” as defined under Rule 144A ofthe U.S. Securities Act. Statements on the following webpages which are not historical facts are forward-looking statements. All forward-looking statements involve risks and uncertainties which could affect GVS S.p.A.’sactual results and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalfof, GVS S.p.A.
GVS S.p.A. or any of its subsidiaries or affiliates do not warrant the fairness, accuracy, adequacy or completeness of any information contained in or referred to in the material on this website. To the maximum extent permitted by law, GVS S.p.A., or any of its subsidiariesor affiliates, and its directors, employees, agents and consultants excludeall liability for any loss or damage arising from the use of, or relianceon, the material contained on this website whether or not caused by anynegligent act or omission. If any law prohibits the exclusion of such liability, GVS S.p.A., or any of its subsidiaries or affiliates, limits its liabilityto the extent permitted by law, to the resupply of the information.
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For further information:
Corporate Accounting and Internal Auditing Director
Emanuele Stanco
emanuele.stanco@gvs.com
GVS SpA CONSOLIDATED FINANCIAL STATEMENTS 31.12.2017 |
GVS SpA CONSOLIDATED INTERIM FINANCIAL STATEMENTS 30.06.2017 |
GVS SpA CONSOLIDATED FINANCIAL STATEMENTS 30.06.2016 |
GVS SpA CONSOLIDATED FINANCIAL STATEMENTS 31.12.2016 |
Group Figures
STABLE DEVELOPMENT IN DIVERSE MARKET SECTORS
The GVS Group has witnessed a constant and significant improvement in its economic and production figures over the last 40 years. Today the business covers 6 different product groups and divisions covering a wide range of different market sectors. In 2018 the Group reached a turnover of 203 million Euro and a produced over 1.6 billion items selling into 60 countries through the Groups own commercial network.
GLOBAL PRODUCTION AND DISTRIBUTION
GVS Group's clear strategy to develop internationally by scaling existing business models into new markets has led to the opening of 12 production facilities. These are located in Italy, UK, USA, Brazil, China and Romania, as well as offices in Russia, Turkey, Argentina, Japan, Korea. The Head Office and 3 manufacturing facilities are based in Italy and produce 6% of the sales. The remaining 94% of the turnover is from main international markets: Europe, North and South America, and Asia.
7
RESEARCH & DEVELOPMENT LABORATORY
12
CLEAN ROOM CLASS 100'000
1
CLEAN ROOM CLASS 10'000
200
INJECTION MACHINE FRO 50 TO 450 TONS
3
MEMBRANE MANUFACTURING SITES, TWO IN THE USA ONE IN THE EUROPE
2
SURFACE TREATMENT LAB
3
IN-HOUSE TOOL-SHOPS
13