Announced
Financials
Sources
Tags
Private
Domestic
orthotics
Medical Supplies
Acquisition
Friendly
Pending
Minority
France
prosthetics
Private Equity
Synopsis
Ardian and BNP Paribas Développement, the investment arm of BNP Paribas, agreed to invest in Proteor, a manufacturer and distributor of prosthetics and orthotics. Financial terms were not disclosed. "Proteor is a French flagship in external orthopedics, which has been able to expand thanks to innovative solutions particularly adapted to patients' needs. We are pleased to be partnering with the company in this new phase of international development and consolidation of its technological assets and help Proteor become one of the world leaders in its market," Alexis Saada and Frédéric Quéru, Ardian Managing Director.
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