European technology investor Amadeus Capital Partners has joined Montezemolo & Partners as an investor in Bellco. The business is a developer of equipment for haemo-dialysis used in kidney disease and is based in Mirandola, Italy.
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Montezemolo & Partners has sponsored a spinout of European telematics service provider Octo Telematics from Italian Italian conglomerate MetaSystem. No financial terms were disclosed. MetaSystem will continue to supply components to Octo, while Montezemolo was joined on the deal by Amadeus Capital Partners and Rothschild Growth Capital.