Announced

Zydus to acquire an 85.6% stake in Amplitude Surgical from PAI Partners and Amplitude Surgical management for €256.8m.

Synopsis

Zydus, a global innovation-driven lifesciences company, agreed to acquire an 85.6% stake in Amplitude Surgical, a French player in the global market for surgical technologies, from PAI Partners, a private equity firm, and Amplitude Surgical management, for €256.8m. “The Amplitude Surgical team and I are delighted to join Zydus. This acquisition by a worldwide healthcare leader is a testament to the successful development of the Company over the last 25+ years, originally as a national orthopedics challenger and today as a European leader. I would like to thank PAI Partners for their trust and continuous support in our growth journey. We have demonstrated our resilience in periods of uncertainty while driving the transformation of the Company, developing our commercial, industrial, and technological capabilities," Olivier Jallabert, Amplitude Surgical CEO and Founder.

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