We are all watching two big mergers play out in orthopedics this year.
Nuvasive/Globus
8Feb2023 - announcement of merger
1Sep2023 - Closing
OrthoFix/SeaSpine
11Oct2022 - announcement of merger
5Jan2023 - Closing
12Sep 2023 - Fires CEO and CFO for "conduct"
late 2023 - new co name
Enovis/Lima
25Sep2023 - announcement of acquisition
Closing ?
Big ortho mergers like this create ripples throughout the industry. There can have a wide range of outcomes, both positive and negative, for the companies, their customers, employees, and shareholders. Historically here are five potential best and worst outcomes when two large orthopedic device companies merge:
Best outcomes:
Increased competitiveness: The merged company may have a larger market share and be better positioned to compete against other players in the orthopedic device market.
Economies of scale: By combining resources and operations, the merged company may be able to reduce costs and improve efficiencies.
Synergies: The combined expertise of both companies may lead to the development of new and innovative products that were not possible before.
Diversification: The merged company may be able to offer a wider range of produ...
