Balt is a medical equipment manufacturer specializing in medical devices designed to treat stroke and other neurovascular diseases.
| Founded | 1977 |
|---|---|
| Founder | Leopold Płowiecki |
| Headquarters | Montmorency, France |
History
editBalt was founded as a small family business[1] in 1977 by Leopold Płowiecki, in France. His son, Nicolas, grew the company until 2018.[2] Bridgepoint Advisers took a stake in 2015. Balt began to expand internationally.[3] Pascal Girin CEO of Balt International since 2016, was appointed as Balt's CEO in late 2018.[citation needed]
Balt initially focused on plastic micro-tubes for the pharmaceutical industry.[4] In 1987, it developed a microcatheter enabling the treatment of arteriovenous malformations. The Silk Vista Baby, one of the company's most recent innovations released in 2018, is the world's smallest collapsible intracranial stent.[5]
Balt's revenues tripled between 2015 and 2020 and its workforce, quadrupled to reach 500 employees worldwide in 2020.[6] Balt sells its production to 100 countries around the world. Between 2016 and 2019, the company acquired the American start-up Blockade Medical, which also produces medical devices, as well as several of its distributors in Europe, China, India and Brazil. Today, Balt operates in ten different geographical locations worldwide.[citation needed]
References
edit- ^ "Chez Balt, sauver des vies ressemble à de la haute couture". Le Parisien (in French). 2015-11-16.
- ^ Dechaux, Delphine (2019-07-17). "La stratégie de Balt pour devenir un leader mondial des mini-implants anti-AVC". Challenges (in French).
- ^ "Bridgepoint s'implique auprès de Balt aux côtés des fondateurs". Zone Bourse (in French). 2015-09-28.
- ^ Brillet, Frédéric (2018-07-26). "Balt : la PME française qui sauve les cerveaux". JDD (in French).
- ^ Lentschner, Keren (2018-08-01). "Balt fait le pari du "made in France", de père en fils". Le Figaro (in French).
- ^ Hitchon, William (2020-04-06). "Balt". La Lettre de l'entreprise (in French).