Wilmington, DE, Nov. 16, 2023 Enovis™ Corporation , an innovation-driven, medical technology growth company, announced that it will participate in the 6th Annual Evercore ISI HealthCONx.
Enovis Corporation (NYSE:ENOV) Q3 2023 Earnings Call Transcript November 7, 2023 Enovis Corporation beats earnings expectations. Reported EPS is $0.56, expectations were $0.53. Operator: Good morning, and welcome to the Enovis’ Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation there will be opportunity to […]
Enovis, a medical technology growth company, has announced a definitive agreement to acquire LimaCorporate, a privately held global orthopaedic company focused on restoring motion through an innovative portfolio of implant solutions. The acquisition has an enterprise value of approximately €800 million, consisting of a €700 million cash payment at closing and €100 million in shares of Enovis common stock. Founded in 1945, Lima is an orthopedic company with diversified revenues that has grown at a high single digit CAGR over the last 10 years, increasing into the low teens in the last several years. Lima's technological solutions, including digital innovation and patient-tailored hardware, are developed to help surgeons and improve patient outcomes following joint replacement surgery. The addition of Lima will provide several strategic benefits to Enovis including: Establishing a ~$1 billion revenue reconstruction business with approximately 50% of revenues in the fast-growin
Enovis to acquire LimaCorporate in €800 million transaction healio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from healio.com Daily Mail and Mail on Sunday newspapers.