# Spineway acquires 6.9% stake in Integral Medical Solutions

Spineway confirmed its acquisition of a 6.9% equity stake in Integral Medical Solutions (IMS), a healthcare holding company in Latin America and Africa, with an option to increase to 52% in 3-4 years.

- Type: Acquisition
- Announced: 2019-05-16
- Status: completed
- Products: spinal implants, orthopedic implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Spineway](https://endata.com/companies/39452.md) (acquirer)
- [Integral Medical Solutions](https://endata.com/companies/39453.md) (target)
- [Strategos Group](https://endata.com/companies/39454.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/05/16/1826420/0/en/Spineway-Acquisition-confirmed-for-Latin-America-and-Africa.html), 2019-05-16: "This equity stake as well as the partnership and distribution agreement to be entered into in the coming months with IMS and its affiliates will, in the short term, allow SPINEWAY to strengthen its positions in Latin America"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.