Össur buys british prosthetics group
Icelandic prosthetics manufacturer Össur has agreed to buy a UK-based rival in a deal valued at USD 39 million. The deal marks the close of several years search for a suitable candidate.
BY ELIZABETH MØNSTED JOHANSEN
After years of searching for a suitable M&A candidate, prosthetics maker Össur has finally found a company that fit the profile. The Icelandic group, which is listed on the stock market in Copenhagen, says it has agreed to acquire UK-based prosthetics company Touch Bionics for a total consideration of USD 39 million.
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