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Orthopedic and Dental Industry News Complete Archive »

Orchid Orthopedic Announces Acquisition of Alhenia AG BY ANDREW VAHRADIAN, SEPTEMBER 14, 2015

Orchid Orthopedic entered into a definitive agreement to acquire Alhenia AG, a Swiss-based provider of machined and coated orthopedic implants.

Alhenia provides machined components, bio-compatible coatings and finishing services to device manufacturers in the hip, knee, spine and extremities markets on an original equipment manufacturing (OEM) basis. Alhenia's portfolio includes coatings on polyetheretherketone (PEEK) and polyethylene, ceramic coatings, cold spray coatings, titanium on metal and ceramic substrates and antibacterial coatings. The company is based in Switzerland just outside Zurich and employs 60 people.

The transaction strengthens Orchid's position in the orthopedic coating industry by adding new and novel coating technologies and by expanding the company's customer base and geographic reach. Moreover, the deal will create an integrated local supply chain in Europe for the combined company's full spectrum of offerings.

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