Medical technology company Enovis Corp.
said Monday it has reached an agreement to acquire LimaCorporate S.p.A., a privately held orthopedic company that specializes in restoring motion using implants, for 700 million euros in cash at closing and another EUR100 million in Enovis stock. The deal is expected to create a $1 billion revenue reconstruction business with about half of that stemming from the fast-growing extremities business.
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