Subscribe FREE to: Magazine | Newsletter | Linked In | Twitter Facebook


ODT Magazine


Search  


Latest News


ODT Magazine - RODMAN PUBLISHING CORP. Get it on Google Play


Orchid Acquisition of Sandvik Finalized




Orchid MPS Holdings LLC. has finalized the acquisition of Sandvik Medical Solutions. Both companies are manufacturers of orthopedic implants and instruments, the former based in Holt, Mich. and the latter in Sandviken, Sweden. Altor Funds III, also based in Sweden, owns Orchid.

The new company will be called Orchid Orthopedic Solutions and will employ approximately 1500 people. According to Orchid, together the companies will be involved in about 30 percent of all orthopedic implants worldwide. Orchid was founded in 1977 under the name “Unique Instruments.”




Copyright © 2014 Rodman Media. All Rights Reserved. All rights reserved. Use of this constitutes acceptance of our Privacy Policy
The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.