Private Equity Company to Buy Majority Stake in Lima
Lima, an Italian orthopedics company, will have a new majority shareholder in the new year: private equity group EQT.
Having EQT’s backing will allow Lima to strengthen its position in the knee market and enhance its focus on trabecular titanium technology for hip revision.
"EQT has followed Lima for almost ten years and we are impressed by the company's growth history as well as the strength of the management team,” says Michael Bauer, partner at EQT Partners AG and investment advisor to EQT.
Certain European regulators still must review the transaction. — Elizabeth Hollis