Synthes GMBH acquires OrthoSpin for US$79.5 million

Synthes GMBH, part of DePuy Synthes (Johnson & Johnson), acquired 100% of OrthoSpin Ltd. for US$79.5 million in cash. OrthoSpin develops the AutoStrut G2 System for external circular fixation.

“The Trendlines Group Ltd. is pleased to announce the 100% acquisition of its 26.9%-owned portfolio company, OrthoSpin Ltd., by Synthes GMBH for a total of US$79.5 million in cash, payable in full upon closing.”biospace.com

• 1 source
• biospace.comTrendlines Announces Acquisition of Portfolio Company OrthoSpin Ltd. - BioSpaceJennifer C. Smith-ParkerNov 4, 2021

Summarized from public sources; check the original articles before acting on it.