Naxicap-backed Eqwal Group completed the acquisition of Steeper Group.

Naxicap-backed Eqwal Group, a developer of orthopedic devices, completed the acquisition of Steeper Group, a delivering patient care, a global supplier of upper limb prostheses, and a strategic distributor partner for world-recognised brands. Financial terms were not disclosed. "Eqwal is proud to welcome Steeper Group to our worldwide network of patient care service providers. We're also honoured to carry the heritage and continue the story of a company who were founded over 100 years ago! We're thrilled at the confidence John, Paul and the Steeper Team have afforded us by joining our ambitious project: To offset disability throughout the world and to build an inclusive society whilst protecting and preserving the environment." Jean-Pierre Mahé, Eqwal Group CEO.