Amplitude Surgical acquires a 50% stake in SOFAB Orthopédie
Amplitude Surgical announced it has acquired a 50% stake in SOFAB Orthopédie, according to a press release.
“Following the construction of a logistics site and the launch of work to create our own ‘clean room,’ the acquisition of a stake in SOFAB Orthopédie — an industrial subcontractor — is another strategic investment aimed at consolidating our industrial base and our supply chain within a context of the pursuance of our buoyant business growth,” Olivier Jallabert, chairman and chief executive officer of Amplitude Surgical, said in the release.
In the second half of 2016 to 2017, Amplitude surgical will fully consolidate SOFAB Orthopédie and anticipates this transaction will offer a net positive contribution from 2017 to 2018.
Reference:
www.amplitude-surgical.com/en/