In May 2002, Argos Soditic backed the € 25 million management buy-in of Saime, a manufacturer of speciality medical products, from the Company's founder and owner.

Founded in 1984, Saime is a French company designing, manufacturing and distributing speciality medical products for patients with respiratory diseases. Saime is the market leader in France in the development of respiratory equipment to treat patients with severe chronic respiratory diseases such as emphysema at home, but at the time of acquisition, had minimal market share outside of France . The Company's range of ventilators is used essentially for at-home treatment, but also, to a limited extent, in specialised services such as pneumology, reanimation and post-operative care.

Argos Soditic introduced a new CEO to replace the company's founder and owner. Together Argos Soditic and the buy-in team implemented a new strategic plan allowing management to grow sales and develop market share outside of France .

A limited auction process was begun in early 2004. Despite the trade interest, the financial buyers were most attracted by the growth potential of the business and provided the most simple acquisition structures. Saime was sold in June 2004 to Barclays Private Equity.

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