Zimmer Acquires NORMED Medizin-Technik GmbH (press release)
Zimmer Expands Portfolio of Foot and Ankle, Hand and Wrist Technologies through Addition of Innovative Small Bone Specialty Company
Zimmer Holdings, Inc. announced today that it has acquired Tuttlingen, Germany-based NORMED Medizin-Technik GmbH, a provider of innovative technologies for the foot and ankle, hand and wrist reconstruction and trauma markets.
NORMED develops a broad range of specialized plates, screws and instruments, including systems for bone reconstruction and fracture repair, fusion procedures and external fixation. The acquisition of NORMED will strengthen Zimmer’s Extremities and Trauma product portfolios and new product development capabilities in the fast growing foot and ankle and hand and wrist segments.
About Zimmer Holdings, Inc.
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, dental implants, and related surgical products. Zimmer has operations in more than 25 countries around the world and sells products in more than 100 countries. Zimmer’s 2012 sales were approximately $4.5 billion. The Company is supported by the efforts of more than 8,500 employees worldwide.
About NORMED Medizin-Technik GmbH
Founded in 1988 and located in Tuttlingen, Germany, Normed Medizin-Technik GmbH is an innovative global medical company that provides a broad range of plates, screws and specialized instruments for foot and ankle and hand and wrist surgeries.