Announced

Completed

Nordic Capital completed the acquisition of a stake in Orchid Orthopedic Solutions from Altor.

Synopsis

Nordic Capital completed the acquisition of a stake in Orchid Orthopedic Solutions, a designer and manufacturer of implants to the global orthopedic market, from Altor, who will retain a significant minority holding in the company. Financial terms were not disclosed. “We are impressed by Orchid’s strong management team and attractive position in the growing orthopedic implant market, and look forward to supporting the company through its next phase of development. Orchid has a unique set of implant manufacturing capabilities across product categories, and is a true innovator simplifying and improving its customers’ supply chains. We are fully committed to supporting Orchid’s growth strategy in close partnership with management,” Jonas Agnblad, Partner and Co-head of Healthcare at the advisor to the Nordic Capital Funds.

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