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Strategic Initiatives

Nordic Capital Acquires Orchid Orthopedic Solutions -

Nordic Capital will acquire a majority holding in contract manufacturer Orchid Orthopedic Solutions from Altor, which will retain a significant minority holding. Orchid’s current management team will remain in place. Orchid provides contract design and manufacturing services from concept through launch, serving its global customer base from 12 manufacturing sites in the U.S., U.K., Switzerland and China. Markets include joint reconstruction, spine, trauma, sports medicine, extremities, dental and cardiovascular. (Orchid Orthopedic Solutions, 1/22/19)