Spineart reaches definitive agreement to acquire Meditech Spine LLC (press release)
Spineart, a global spine player with headquarters in Geneva, Switzerland and US operations in Laguna Hills, California, has agreed to acquire 100% of Atlanta-based Meditech Spine LLC.
Spineart has been a distributor of Meditech Spine’s products in the US since 2019. The companies anticipate significant synergies between the two organizations. As part of the transaction, Meditech Spine’s co-founder and chief executive officer, Eric Flickinger, will join Spineart’s seniormanagement team in the US. Meditech manufactures and markets a portfolio of sterile-packed, barcoded CUREÒ plates and TALOSÒ PEEK-HA cages in the US. Spineart manufactures and markets a comprehensive portfolio of sterile-packed, barcoded spinal posterior fixations, 3Dprinted Ti-LIFEÒ cages, artificial disc prosthesis and biologics in 50 countries. The transaction is expected to close in July 2020.“We are thrilled about the portfolio synergies this acquisition will generate. We look forward to welcoming Eric to our team and integrating Meditech’s products within our US and international distribution network” say Stephane Mugnier and...
