NuVasive Signs Agreement to Acquire Mega Surgical

San Diego, Calif.-based NuVasive has entered an agreement to acquire its exclusive Brazilian distributor, Mega Surgical.

“This acquisition will provide us with new growth opportunities in this key Latin American market, along with direct access to a large, growing market for accelerated share-taking in new segments, including a new opportunity to compete in Brazil's large public healthcare market,” said Jason Hannon, executive vice president at NuVasive.

The acquisition is expected to be completed during the first quarter. Financial terms were not disclosed. — Anisa Jibrell