MEDACTA
9.2.2017 08:02:13 CET | Business Wire | Press release
Medacta International, the privately held, family-owned global designer of innovative joint replacement and spine surgery products, is proud to announce the acquisition of Austrian distributor Vivamed GmbH, effective 01 February 2017.
This acquisition aims to strengthen the company’s presence in Austria by facilitating future development and investments in this market while ensuring the continued delivery of high-level products and services that Medacta customers have come to expect. As part of the acquisition, Vivamed Chief Executive Officer and Co-founder Herbert Brandstätter will transition to Medacta Austria General Manager.
“Medacta’s growth, including expansion of the product portfolio in the areas of spine, shoulder and sports medicine, requires a substantial structural investment in the Austrian market,” said Alberto Siccardi, President and Founder of Medacta International. “We look forward to continuing our collaboration with Mr. Brandstätter, who will help us expand and strengthen our business in Austria.”
“After 15 years of close collaboration with Medacta International, Vivamed has become one of the main players in the Austrian joint replacement market,” said Herbert Brandstätter. “We have shared the pillars of Medacta’s mission and identity since the beginning of our partnership and are eager to join our talented teams.”
For more information about Medacta, please visit www.medacta.com .
About Medacta
Medacta® International is a world leading manufacturer of orthopedic implants, neurosurgical systems, and instrumentation. Medacta’s revolutionary approach and responsible innovation have resulted in standard of care breakthroughs in hip replacement with the AMIS® system and total knee replacement with MyKnee® patient matched technology. Over the last 10 years, Medacta has grown dramatically by taking a different approach and placing value on all aspects of the care experience from design to training to sustainability. Medacta is headquartered in Castel San Pietro, Switzerland, and operates in over 30 countries. To learn more about Medacta International, please visit www.medacta.com or follow @Medacta on Twitter.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170208006294/en/
Contact:
for Medacta International
Jill Bongiorni, 516-729-2250
Jill@torchcomllc.com
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