Synoste Oy - Ownership and Business Overview

Medical ProductsCompany

Synoste Oy Ownership

Who owns Synoste Oy?

Synoste Oy is owned by Globus Medical. It was acquired on October 21, 2020.

Synoste Oy Business Overview

Where is Synoste Oy headquartered?

Synoste Oy is headquartered in Espoo, Finland.

What sector is Synoste Oy in?

Synoste Oy is a medical products company.

When was Synoste Oy founded?

Synoste Oy was founded in 2012.

Medical Products M&A Summary in 2020

Out of 60 sectors in the Mergr database, medical products ranked 12 in number of deals in 2020. The largest medical products acquisition in 2020 was Livongo Health - which was acquired by Teladoc Health for $18.5B.

Join Mergr to view all 217 acquisitions of medical products companies in 2020, including 32 acquisitions by private equity firms, and 185 by strategics.

Synoste Oy

Metsänneidonkuja 6,
Espoo, 02130
Finland,
+358 45 179 6300
www.synoste.com

Synoste develops a high-tech implant for a minimally invasive treatment of leg length discrepancy, that can lead to chronic back pain and osteoarthritis in the long term. The bone of the shorter leg is lengthened in a gentle way over a period of several months. The Evonik material used in the implant is a high-performance polymer called polyetheretherketone, or PEEK. The material is biocompatible - not harmful or toxic to living tissue and has excellent mechanical properties. For the patient the implant represents easier treatment with less pain and lower risk compared to previously established methods. Synoste was formed in 2012 and is based in Espoo, Finland.


Company Summary

SECTOR

Medical Products

Established

2012

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Medical Products Companies , Finland Companies

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