Embla Medical to acquire Streifeneder.

Embla Medical, a provider of innovative mobility solutions, agreed to acquire Streifeneder, a developer and supplier of orthopaedic mobility solutions. Financial terms were not disclosed. "The investment in Streifeneder is a strong strategic fit with our Growth'27 strategy and will enable Embla Medical to reach more patients with a broader product offering. The addition of Streifeneder will position us as a full-range solutions provider with opportunities to strengthen our presence in our key markets and expand our reach in Emerging Markets. We are excited to welcome the Streifeneder team to the Embla Medical family, and we are convinced that our combined efforts will benefit our customers and patients around the world," Sveinn Sölvason, Embla Medical President and CEO.