aap Implantate completed the sale of its aapBiomaterials subsidiary. The buyer is Keensight Capital, and aap received proceeds of ~€36.6MM (~€35MM/~US $40MM after transaction costs).
aap is now a pure player in trauma with three platform technologies: LOQTEQ®, silver coating and magnesium.
Sources: aap Implantate AG; ORTHOWORLD
Year to date, the orthopaedic industry has observed 18 M&A transactions—11 in 1Q16 alone, up one from 10 in 1Q15. Keep track of who/what/where with the M&A spreadsheet. It’s a Membership benefit.
aap Implantate completed the sale of its aapBiomaterials subsidiary. The buyer is Keensight Capital, and aap received proceeds of ~€36.6MM (~€35MM/~US $40MM after transaction costs).
aap is now a pure player in trauma with three platform technologies: LOQTEQ®, silver coating and magnesium.
Sources: aap Implantate AG;...
aap Implantate completed the sale of its aapBiomaterials subsidiary. The buyer is Keensight Capital, and aap received proceeds of ~€36.6MM (~€35MM/~US $40MM after transaction costs).
aap is now a pure player in trauma with three platform technologies: LOQTEQ®, silver coating and magnesium.
Sources: aap Implantate AG; ORTHOWORLD
Year to date, the orthopaedic industry has observed 18 M&A transactions—11 in 1Q16 alone, up one from 10 in 1Q15. Keep track of who/what/where with the M&A spreadsheet. It’s a Membership benefit.
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.