Conmed closes $145M acquisition of orthopedic devicemaker


Conmed completed its $145 million acquisition of In2Bones, a devicemaker focused on upper and lower extremities.

Conmed's 2.2 percent convertible notes are funding the transaction, according to a June 13 news release. In2Bones' portfolio includes implants, fracture systems and biologic products.

The deal was announced in May. The acquisition includes up to an additional $110 million in growth-based earnout payments over four years.

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