Business Wire09.07.16
In2Bones USA, LLC and In2Bones, SAS announced today that the two companies have completed a series of transactions which will combine, pursuant to an all-stock share exchange, In2Bones, SAS with its largest distributor, In2Bones USA, LLC. The merger officially closed on August 31, 2016.
The merged companies have become wholly-owned subsidiaries of a holding company known as In2Bones Global Inc. (dba: i2b Global), creating a global company specializing in the fast-growing upper and lower extremities orthopedic markets.
i2b Global will continue to operate both of its subsidiaries in Memphis, Tenn., and Lyon, France. The corporate headquarters for i2b Global will be based in Memphis.
“The two companies have shared a distribution and development relationship for several months. This merger allows us to better coordinate product development and distribution around the world,” said Alan Taylor, orthopedic industry veteran and president and CEO of i2b Global.
“We have known for some time that we needed to combine the companies in order to add scale and efficiencies for our rapidly expanding enterprise,” said Eric Fourcault, a founder of In2Bones and head of the company’s Lyon, France and non-U.S. interests. “We believe this action will further accelerate our growth in the global market.”
The merged companies have become wholly-owned subsidiaries of a holding company known as In2Bones Global Inc. (dba: i2b Global), creating a global company specializing in the fast-growing upper and lower extremities orthopedic markets.
i2b Global will continue to operate both of its subsidiaries in Memphis, Tenn., and Lyon, France. The corporate headquarters for i2b Global will be based in Memphis.
“The two companies have shared a distribution and development relationship for several months. This merger allows us to better coordinate product development and distribution around the world,” said Alan Taylor, orthopedic industry veteran and president and CEO of i2b Global.
“We have known for some time that we needed to combine the companies in order to add scale and efficiencies for our rapidly expanding enterprise,” said Eric Fourcault, a founder of In2Bones and head of the company’s Lyon, France and non-U.S. interests. “We believe this action will further accelerate our growth in the global market.”