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NORDIC CAPITAL ACQUIRES ORCHID ORTHOPEDIC SOLUTIONS (press release)
Nordic Capital Fund IX (“Nordic Capital”) announced today that it has agreed to acquire a majority holding in Orchid Orthopedic Solutions (“Orchid”), from Altor Fund III (“Altor”) who will retain a significant minority holding in the company.
Headquartered in Holt, Michigan, Orchid is a world leader in the design and manufacture of implants to the global orthopedic market. Orchid’s leading offerings span hip, knee, trauma, extremity and spinal implant products, as well as single-use and multi-use complex instruments used in implant related surgical procedures.
As a strategic partner to the leading global medical device OEMs, Orchid offers solutions in product and procedure design and possesses the full range of manufacturing processes required to produce finished, packaged products. The company serves a global customer base from its 12 manufacturing sites in the U.S., UK, Switzerland and China. Orchid innovates continually to provide differentiated processes yieldi...
