June 11, 2013
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Smith & Nephew acquires Indian trauma business

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Smith & Nephew announced an agreement to acquire Adler Mediequip Private Limited, which includes the brands and assets of Sushrut Surgicals Private Limited, a leader in mid-tier, orthopedic trauma products for the India market.

According to a press release, the acquisition will give Smith & Nephew a well-established platform to provide and develop products for the mid-tier market in India and for export. In particular, it gives Smith & Nephew an entry point to India’s trauma segment.

“Through this important acquisition we are continuing to deliver on our Strategic Priorities to build leadership positions in the emerging markets, to supplement out organic growth through acquisitions, and to bring forward a mid-tier offering for these regions,” Olivier Bohoun, chief executive officer of Smith & Nephew, stated in a company release. “Sushrut-Adler has a long and distinguished history, a reputation for quality products and a loyal customer base. Its trauma portfolio strongly complements our established positions in orthopedic reconstruction and sports medicine in India, giving us an enhanced platform from which to continue to build a sustainable business.”