Enovis acquires Lima for $850M (3 X sales)

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Strange bed fellows!
My initial thought is that Enovis made this acquisition for three reasons:
1) For the global reach of the total joint business.Lima has subsidiaries in Milan, Melbourne, Bejing, Tokyo and Dallas.
2) For the Lima Promade pre-op planning software which is a strong custom design system. Promade is starting to gain traction in the US. For example, HSS has embraced Promade with an on-site design and 3D printing facility today in NY.
3) For the Lima brand which has a strong reputation in southern Europe and abroad.
More thoughts to follow later in the week.

HISTORY OF LIMA
Engi...

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