# Össur wins antitrust approval to buy College Park Industries

The US Federal Trade Commission approved Össur's purchase of College Park Industries on condition that College Park sells its prosthetic elbow business to Steeper Group.

- Type: Acquisition
- Announced: 2020-04-07
- Where: Warren, Michigan, United States
- Status: announced
- Products: prosthetic elbows, myoelectric elbows
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Össur](https://endata.com/companies/17707.md) (acquirer)
- [College Park Industries](https://endata.com/companies/46398.md) (target)
- [Steeper Group](https://endata.com/companies/46399.md) (partner)

## Sources

- [opedge.com](https://opedge.com/ossurs-college-park-purchase-approved-with-divesture/), 2020-04-07: "Given the unprecedented uncertainty caused by the global COVID-19 pandemic, the parties have agreed to remain flexible on closing date with the intent to conclude their respective transactions within the next three months."

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