Chef Du Monde forges ahead with its growth plan by joining Edra
Specializing in animal health translations, the agency’s entrance into the group will be a catalyst for its commercial expansion.
Barcelona, January 27, 2022. Chef du Monde and EDRA have reached an agreement by which the company, specializing in translation services for the animal health sector, will become part of the leading communications group in the healthcare industry.
The transaction, by which EDRA acquires a 100% stake in Chef du Monde through its Spanish subsidiary Grupo Asís Biomedia, was formalized on Wednesday, January 26. EDRA committed to back Chef du Monde’s commercial expansion through Grupo Asís’s sales force, which operates globally, as well as through EDRA’s subsidiaries that have a direct presence in markets such as the United States, Mexico, Italy and Poland.
For Fabio Ercole, founder of Chef du Monde, “this merger represents a unique opportunity for growth, not just for the company as a whole but also for its employees. Chef du Monde, which is 20 years old, must take the necessary initiative to make a quantitative leap in its development, and could not have found a better family with which to continue its journey.”
For his part, Giorgio Albonetti, president of EDRA, stated that “with this acquisition, EDRA is expanding the portfolio of solutions and services it offers to companies in the healthcare sector in order to meet their needs with respect to the creation and distribution of scientific content.” Ludovico Baldessin, EDRA’s Chief Business & Content Officer, added, “We are welcoming a team to EDRA that has internationalization in its DNA, something that is essential for us to be able to serve our clients in a fully globalized world.”
About Chef du Monde
Chef du Monde is the only translation agency of its kind dedicated exclusively to animal health. It maintains several networks of linguistic and veterinary professionals specialized in the translation of content related to diverse species and topics of interest to the industry, systematically offering its clients quality and added value, with translations in 45 languages. In 2021, its translation revenue in the animal health sector amounted to 0.6 million euros.
About EDRA
EDRA is a leader in communications, information and professional development in the healthcare sector in countries where it operates. Since 2013, it has offered an integrated approach, with products and solutions designed to enhance the knowledge and skills of students and professionals, by developing advanced digital solutions, publishing reference materials and specialized media, and by organizing training events and courses.
Headquartered in Italy, with subsidiaries in Spain, the United States, Mexico, Poland, Canada, Portugal and Albania, EDRA is a leader in its field. In 2021, it had revenues of 54 million euros and an EBITDA of 5.5 million euros. It is active in over 60 countries.
EDRA currently has over 500 employees, highly qualified professionals specialized in communications and disseminating knowledge in the healthcare sector. It publishes approximately 150 print and digital journals as well as over 400 books each year. It also holds hundreds of training events and implements a number of innovative projects for the industry and healthcare institutions.
For more information:
Chef du Monde
Tel.: +34 93 268 46 62
info@chefdumonde.co.uk
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