Wright Medical Technology, Inc.
This article was originally published in The Gray Sheet
Executive SummaryPlanned merger with Cremascoli Ortho Group will expand the orthopedic surgical device maker's European presence and add complementary product lines, Wright announces Dec. 17. The transaction will be funded by Arlington, Tennessee-based Wright's principal shareholders - Warburg Pincus Equity Partners and Vertical Group - and is expected to close by year-end. Cremascoli Ortho has direct distribution in Italy, France, Great Britain, Belgium, Spain and Germany, as well as manufacturing facilities in France and R&D facilities in Italy
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