Today, Exactech acquired its independent distribution partner, Exactech Italia S.p.A., creating a new corporate subsidiary.
The purchase included all shares of the Province of Brescia-based importer and distributor of Exactech’s orthopaedic implants, instrumentation and advanced surgical technologies.
According to Exactech Senior Vice President of Global Sales Stuart Kleopfer, “Exactech Italia has been a key strategic partner for the past eight years, distributing our knee, hip and shoulder replacement systems, as well as our ExactechGPS® computer-assisted surgery technology. We look forward to expanding our investment in the new subsidiary with an even broader portfolio of products over the coming years.”
Exactech Italia employs distribution and sales professionals who provide products through independent agencies throughout the country.
...Exactech Italia has been a key strategic partner for the past 8 years...
“We are eager to integrate the Exactech Italia team into our corporate structure under the continued leadership of Marco Migliori,” said Exactech Vice President of International Sales & Market Development Daniel Berdat. “Going direct will allow us to provide even greater service to our customers in this important market.”
With this acquisition, Exactech now has direct operations in eight global markets with distribution in more than 35 countries.
Terms of the purchase were not disclosed.