Carlyle's Portfolio Company Marle International Buys ATS-Sferic
December 01 2011 - 9:38AM
Dow Jones News
Carlyle Group's portfolio company Marle International, a
France-based manufacturer of orthopedic implants, on Thursday said
it has bought ATS-Sferic, a medical casting business.
Financial details of the transaction weren't disclosed.
The deal seals Marle's position as Europe's largest implant
contract manufacturing business offering a complete range of
orthopedic implant products and services across all major joints,
including hips, knees and shoulders. The company sells to both
large manufacturers, such as Zimmer Holdings Inc. (ZMH) and Biomet,
and smaller vendors.
"With the acquisition of ATS-Sferic, we hope to build on our
good reputation and expand the business into new areas of service
and manufacture, and across new geographies," said Marle President
Antonio Gil
"ATS-Sferic will help us in our vision of becoming the European
leader in orthopedic contract manufacturing," he added.
Based in Ales, France ATS is the second-largest independent
medical casting company in Europe with a workforce of 120. Sferic
is a machining company servicing mostly orthopedic clients in
France and Europe. Headquartered in Menars, France, the company has
around 93 employees.
Carlyle Group bought Marle in 2009 as a growth capital
investment from Carlyle Europe Technology Partners II Fund.
-By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241;
marietta.cauchi@dowjones.com