Smith & Nephew to acquire Turkish distribution (press release)
Smith & Nephew plc (LSE: SN, NYSE: SNN), the global medical technology business, today announces an agreement to acquire certain assets related to the distribution of its orthopaedic reconstruction, trauma and sports medicine products in Turkey, currently conducted through Plato Grup.
The acquisition is in line with Smith & Nephew’s strategic priority to expand in emerging markets.
Olivier Bohuon, Chief Executive Officer of Smith & Nephew, commented:
“We are pleased to be able to make this investment, delivering on ...