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Minute Insight: Enovis Buys Lima To Create Billion-Dollar Recon Business

 
• By Reed Miller

Enovis has agreed to buy Italian orthopedic implant manufacturer Lima from a private equity firm for €800m – about $845m. The deal will expand Enovis’ presence in the fast-growing international extremities market and improve its manufacturing and innovation facilities.

Minute Insight
• Source: Citeline/Alamy

Enovis is making another aggressive move into the fast-growing extremities orthopedic implant market with an €800m ($845m) acquisition of Italian implant maker Lima.

Enovis' prevention and recovery business, which markets a variety of services and low-tech devices for foot and ankle care, was almost twice as big as the recon business in 2022,...

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