Healthcare Industry News: S.A.
News Release - December 22, 2010
Zimmer Announces Acquisition of SoPlus Orthopaedic Surgical Power Tools Company
WARSAW, Ind., Dec. 22, 2010 (Healthcare Sales & Marketing Network) -- Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH), a global leader in musculoskeletal care, today announced it haS.A.quired Sodem Diffusion S.A., the manufacturer of SoPlus Orthopaedic Surgical Power Tools based in Geneva, Switzerland. The company will be re-named Zimmer Surgical, S.A. and will be part of Zimmer Surgical, headquartered in Dover, Ohio."Adding SoPlus's innovative S.A.l and large bone product lines to our portfolio will expand our offerings in the orthopaedic power equipment market," said Mark Dorris, President, Zimmer Surgical.
ThiS.A.quisition will broaden Zimmer's portfolio of surgical power toolS.A.d strengthen the Company's position in the over $1 billion surgical power tool market. Sodem Diffusion's portfolio includes the commercially available SoPlus Universal large bone system and the SoPlus Ultra S.A.l bone system with associated consumables.
About the Company
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer designs, develops, manufactureS.A.d markets orthopaedic reconstructive, spinal and trauma devices, dental implants, and related surgical products. Zimmer has operations in more than 25 countrieS.A.ound the world and sells products in more than 100 countries. Zimmer's 2009 sales were approximately $4.1 billion. The Company is supported by the efforts of more than 8,000 employees worldwide.
Website Information
We routinely post important information for investors on our website, www.zimmer.com, in the "Investor Relations" section. We intend to use this website aS.A.means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investor Relations section of our website, in addition to following our press releases, SEC filings, public conference calls, presentationS.A.d webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.
Zimmer Safe Harbor S.A.ement
This press release contains forward-looking S.A.ements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 based on current expectations, estimates, forecastS.A.d projectionS.A.out the orthopaedics industry, management's beliefS.A.d assumptions made by management. Forward-looking S.A.ements may be identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "assumes," "guides," "targets," "forecasts," and "seeks" or the negative of such terms or other variations on such terms or comparable terminology. These S.A.ementS.A.e not guarantees of future performance and involve risks, uncertaintieS.A.d assumptions that could cause actual outcomeS.A.d results to differ materially. For a list and description of such riskS.A.d uncertainties, see our periodic reports filed with the U.S. SecuritieS.A.d Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking S.A.ements, whether aS.A.result of new information, future events or otherwise, except as may be set forth in our periodic reports. Readers of this document are cautioned not to place undue reliance on these forward-looking S.A.ements, since, while we believe the assumptions on which the forward-looking S.A.ementS.A.e based are reasonable, there can be no assurance that these forward-looking S.A.ements will prove to be accurate. This cautionary S.A.ement iS.A.plicable to all forward-looking S.A.ements contained in this document.
Source: Zimmer
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