Steeper Group, has completed acquisition of the Espire ElbowTM prostheses range from US based College Park Industries.
Following the announcement of intent, and Federal Trade Commission approval of the acquisition of College Park Industries by Össur, the three parties agreed to delay finalisation of the Espire deal due to the Coronavirus crisis. Now with the world slowly returning to work, the transaction has been completed.
Paul Steeper, CEO of Steeper Group states “We are thrilled to be able to add the Espire Elbow range to our upper limb product portfolio. This deal has been in discussion for almost a year and the Covid-19 pandemic has proved a huge hurdle, however the time is right to seize the opportunity to grow our business.”