LISI Medical to Acquire Alcoa Remmele

LISI Medical, a contract manufacturer, signed a Stock Purchase Agreement with an Alcoa subsidiary to acquire its Remmele Medical operations for €90MM (~US $102MM). The transaction is expected to close in 2Q16. For 2015, Remmele posted revenue of $70MM.

Remmele is a unit of Alcoa Titanium & Engineered Products, manufacturer of minimally...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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