Announced
Financials
Sources
Tags
Medical Equipment
musculoskeletal equipment
United States
Domestic
Private
Friendly
Majority
Acquisition
Single Bidder
Pending
Synopsis
Medartis, a Swiss-based orthopedic company for head and extremity surgery, agreed to acquire Nextremity Solutions, a Strategic Commercialization Organization with a focus on the extremity musculoskeletal space. Financial terms were not disclosed. “In the US we strengthened our sales distribution and invested into training and education capabilities. The acquisition of Nextremity Solutions is a great strategic and cultural fit. The new R&D center and modern manufacturing facility in the US will be a catalyst to accelerate our extremities business in the US and potentially elsewhere. I am delighted that CEO Rod K. Mayer and his leadership team will stay with the company, complementing our local management team and working with us to grow our US business,” Christoph Brönnimann, Medartis CEO.
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