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FH ORTHO SAS has recently been acquired by Olympus Corporation
Following the completion of an agreement between the two companies signed earlier this year, FH ORTHO SAS has recently been acquired by Olympus Corporation, demonstrating Olympus’ commitment to expanding in the developing field of minimally invasive orthopaedic surgery, both through mergers and acquisitions, as well as organically.
By acquiring FH ORTHO, in ligament replacements, ankle and foot, and trauma surgery, Olympus builds on its portfolio of solutions that are used in MIS procedures.
In addition, by expanding its distribution network, Olympus will improve its role as a leading medtech company, as it continues to develop and evolve solutions across all areas of the MIS workflow.
Senior vice president, new business development, global, Olympus, Toshihiko Okubo, stated: “We are pleased to integrate FH ORTHO’s product portfolio, market reach and talented people to our orthopaedics business. By combining FH ORTHO’s expertise and its excellent business presence with our products and solutions for the minimally invasive orthopaedics surgery, the benefit of our offer to the patients and healthcare professionals will be further enhanced across the world.”
CEO of FH ORTHO, Jean-Marc Idier, stated: “The FH ORTHO team very positively welcomes the arrival of Olympus as a recognition of our ongoing efforts and past accomplishments, whilst providing us with new means to accelerate the next phase of our international expansion.”
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