Blatchford Agrees to Sale of Majority Interest

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Shareholders have accepted an offer from CBPE Capital for the purchase of a majority interest in Blatchford, headquartered in Basingstoke, England, which designs and manufactures the Endolite range of lower-limb prostheses. Terms of the transaction were not disclosed.

Blatchford family shareholders will continue to retain a substantial interest alongside the management team, in a transaction that provides the company with "financial resources to pursue its growth aspirations and help build its future position in a rapidly consolidating industry," according to an announcement.