Enovis completed the acquisition of Novastep
On June 29, 2023, Enovis, one of the largest orthopedic device companies in the world, announced that the company had completed the purchase of Novastep and its foot and ankle minimally invasive surgical (MIS) platform, which was first announced in April 2023.
The acquisition of Novastep has allowed Enovis to strengthen its position in the growing bunion segment with its MIS bunion system, Pecaplasty, which accelerates US growth.
In addition, Novastep’s portfolio of CE-marked forefoot and midfoot implants and outside-the-US channels further the company’s international strategy.
The financial terms of...