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Enovis Completes Acquisition of LimaCorporate S p A

Enovis Completes Acquisition of LimaCorporate S p A
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

Enovis Completes Acquisition of LimaCorporate S p A

Enovis Completes Acquisition of LimaCorporate S p A
orthospinenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orthospinenews.com Daily Mail and Mail on Sunday newspapers.

Global Joint Reconstruction Devices Industry Surging to US$ 41 5 Billion by 2032 with a 4 8% CAGR |

The Global Joint Reconstruction Devices Industry, currently valued at US$ 26 billion, is poised for remarkable growth, with projections indicating a surge to US$ 41.5 billion by the year 2032. This substantial expansion is expected to be driven by a steady Compound Annual Growth Rate (CAGR) of 4.8% throughout the pe.

Enovis agrees to acquire Lima in $800m deal

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

Joint Replacement Market: Paving the Way for Seamless Mobility, Setting Sights on a US$ 27 Billion V

Global sales of the Joint Replacement Market in 2021 will be valued at US$ 17.1 billion, according to Future Market Insights Joint Replacement Market analysis report. The market is expected to be worth US$ 27 billion by 2032, with a 4.3% CAGR from 2022 to 2032. From 2022 to 2032, knee replacement is expected to be t.

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