S&N bulks up in Brazil
This article was originally published in Clinica
Executive Summary
UK orthopaedic firm Smith & Nephew has become the latest firm to strengthen its operations in the increasingly-hot Brazilian market, buying its distributor in the country, Pr� Cirurgia Especializada (PCE), for an undisclosed fee. The acquisition, which is being carried out through S&N’s Brazilian subsidiary, is expected to close in the second half of 2013. S&N’s aim: “To supplement organic growth through acquisitions and to build sustainable growth in the emerging markets.”