M&A Deal Summary

Össur Acquires Generation II Orthotics

On September 26, 2003, Össur acquired medical products company Generation II Orthotics for 31M USD

Acquisition Highlights
  • This is Össur’s 1st transaction in the Medical Products sector.
  • This is Össur’s 6th largest (disclosed) transaction.
  • This is Össur’s 1st transaction in Canada.
  • This is Össur’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2003-09-26
Target Generation II Orthotics
Sector Medical Products
Buyer(s) Össur
Deal Type Add-on Acquisition
Deal Value 31M USD

Target

Generation II Orthotics

Richmond, British Columbia, Canada
Generation II Orthotics, Inc. is a manufacturer and marketer of diverse product line of customized and off-the-shelf braces and specializes in braces for ligament injuries, osteoarthritis, and post operative conditions. Generation II has 168 employees with operations in Vancouver, Canada; Seattle, Washington in the US; and Brussels in Belgium, and sell its products principally in North America and Western Europe.

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Buyer(S) 1

Buyer

Össur

Reykjavik, Iceland
Category Company
Founded 1971
Sector Medical Products
Employees3,500
Revenue 483M DKK (2015)
DESCRIPTION

Ossur (Icelandic Stock Exchange: OSSR) is a trusted and global leader in the development, manufacturing, distribution, sales and marketing of high technology orthotic and prosthetic devices. With its head office in Reykjavik, Iceland, the company's U.S. sales and marketing headquarters are located in Aliso Viejo, California; the Canadian office is in Vancouver, BC; the Nordic office is in Uppsala, Sweden; and the European office is in Eindhoven, Holland.

DEAL STATS #
Overall 1 of 9
Sector (Medical Products) 1 of 8
Type (Add-on Acquisition) 1 of 9
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2003) 1 of 1
Size (of disclosed) 6 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-12 Royce Medical

Camarillo, California, United States

Royce Medical Company is a leading designer, manufacturer, and marketer of orthopedic products. Royce's products include braces and supports, synthetic casting and splinting, bone growth stimulation, diabetic-focused wound care and disposable medical products sold primarily to orthopedists, hospitals, podiatrists, and orthotic and prosthetic shops.

Buy $216M
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