Ossur acquires College Park Industries.

Ossur, a global leader in non-invasive orthopedics that helps people live a life without limitations acquires College Park Industries, a global provider of lower and upper limb prostheses and supporting services. Financial terms were not disclosed. College Park will largely remain independent and continue to diligently serve its customer base while allowing the combined entity to achieve strategic efficiencies. Össur is committed to growing the College Park brand over the coming years both in the United States and international markets. The transaction will be financed through existing loan facilities and does not affect the existing share buyback program. Closing is expected later in 2019 subject to closing conditions and regulatory review. The acquisition will not have an impact on the financial guidance provided for the full year. "We are very excited about Össur’s plans to strengthen the College Park brand. We look forward to becoming a part of the Össur organization and benefiting from some of the great innovation Össur is known for. We share the same vision of helping amputees live a life without limitations and ensuring superior service to our customers." Bill Carver, College Park President, and COO.