08:55 AM EDT, 07/23/2025 (MT Newswires) -- Stevanato Group (STVN) said Wednesday it has secured 200 million euros ($234.5 million) in financing from BNL BNP Paribas, Cassa Depositi e Prestiti and Banco BPM to support ongoing projects in Italy and the US.

The funds will help scale production at its facilities in Cisterna di Latina, Italy, and Fishers, Indiana, the company said.

Cassa Depositi will provide 50 million euros to improve syringe and cartridge production in Italy. Meanwhile, BNL BNP Paribas will provide 100 million euros and Banco BPM will contribute 50 million euros to scale the company's production and device manufacturing construction, the company said.