Enovis to acquire orthopedic company

Orthopedic

Enovis plans to acquire LimaCorporate in a deal worth more than $700 million.

Under the deal, LimaCorporate would be bought for about $744 million in cash and about $106 million worth of Enovis common stock, according to a Sept. 25 copany news release. 

Lima Corporate was founded in 1945 and focuses on orthopedic implants and patient-tailored hardware. Enovis aims to establish a $1 billion reconstruction business through the acquisition and expand its international scale.

 

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