Tecomet has completed the acquisition of OEM Orthopedics business of Teleflex Incorporated for $45.2m in cash.
Teleflex’s orthopedics business includes the Beere Medical brand product line which provides surgical instruments used for orthopedic and spinal procedures.
In addition, the business includes SMD product line, providing micro-machined products ranging from simple components to complex devices.
The SMD line products include implant systems (spinal, small bone, dental), mono- and poly-axial screws, flat or anatomic plates, straight or pre-bent rods, connectors and implant insertion instruments.
Teleflex previously said that upon completion of the transaction, its OEM division will focus on expanding its Deknatel and TFX OEM brands.