July 06, 2015
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Lima Corporate completes Zimmer-Biomet assets acquisition

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Lima Corporate announced the completion of the assets acquisition from Zimmer Holdings for the Zimmer Unicompartmental High Flex Knee and the Biomet Discovery Elbow System within the European Economic Area and Switzerland markets, as well as the Biomet Vanguard Complete Knee System for Denmark and Sweden.

The products will be fully integrated into the Lima portfolio and business units. Additionally, according to the agreement, Lima will also take over the supply chain.

“The completion of this acquisition gives Lima a big step up in the knee and extremities markets. The Zimmer ZUK [Zimmer Unicompartmental High Flex Knee] and the Biomet Vanguard Complete Knee System will open doors for the rapid expansion in the knee market. We are already a market leader in total shoulder arthroplasty, and the Biomet Discovery Elbow System will allow us to expand our position,” Luigi Ferrari, CEO of Lima Corporate, said in a company press release.

Reference: www.limacorporate.com.