Ossur purchases Royce

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Ossur purchases Royce

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I guess Ossur is serious about getting into the brace business.

28 July 2005
Ossur Acquires US Orthotics Company Royce Medical
July 28, 2005 (REYKJAVIK, ICELAND) - Ossur, a trusted and leading global
supplier of prosthetic and orthotic devices, announced today that after finalizing
due diligence, it has agreed to acquire orthotics manufacturer Royce Medical
Holding Inc, of Camarillo, California, in a transaction valued at
approximately 216 million USD. The transaction is expected to close in August 2005 and is
subject to US regulatory approvals.

                          

Citation

“Ossur purchases Royce,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 5, 2024, https://library.drfop.org/items/show/225171.