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6th January 2020

Creo raises gross proceeds of £51.9M

Creo Medical Group has raised total gross proceeds of £51.9m with a fundraising.

The medical device company has raised the money with an open offer and a placing.

Headquartered in Chepstow, Creo is to use finance to help it capitalise on opportunities presented by the emerging field of surgical endoscopy and provide a platform to explore potential strategic acquisitions.

Creo was founded in 2003 and listed on AIM in 2016.