Smith & Nephew acquires Russian manufacturing companies: 5 takeaways

Spinal Tech

Smith & Nephew has acquired the trauma and orthopedics business of Russian-based manufacturing companies DeOst and DC.

Here are five takeaways:

 

1. Both DeOst and DC are members of the DeOst group.

 

2. DeOst has distributed Smith & Nephew's products in Russia since 2009.

 

3. The acquisition expands its foothold in Russia and allows Smith & Nephew to better serve its Russian customers.

 

4. Approximately 350 new employees have joined Smith & Nephew.

 

5. The terms of the transaction were not disclosed.

 

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