Zimmer Biomet acquires French robotics company with technology for MIS spine procedures

Zimmer Biomet Holdings Inc., a provider of musculoskeletal healthcare technology, and Medtech SA, a French medical technology company, have announced that, following the unanimous approval of both companies’ boards of directors, a wholly-owned subsidiary of Zimmer Biomet has acquired 1,406,151 Medtech shares, representing 58.77 percent of the outstanding share capital of Medtech, from Mr. Bertin Nahum, Newfund and certain other selling stockholders in a private transaction, as well as all outstanding convertible bonds and warrants previously issued by Medtech to Ally Bridge Group.
To read the full feature, see it at ODTmag – Zimmer Biomet to Acquire Medtech