Össur, Reykjavik, Iceland, acquired medi prosthetics from medi, Bayreuth, Germany, on September 1. In 2015, medi prosthetics had total sales of EUR 15 million, or US $17 million. The integration of the business is expected to be concluded in 2017.
“We are pleased to welcome the employees of medi prosthetics to the Össur team,” said president and CEO Jón Sigurðsson. “This acquisition enables us to take another step to complete our prosthetics offering and further strengthen our global market position.”