Teleflex Sells OEM Orthopedics Business to Tecomet for $45.2M

Teleflex, a leading global provider of medical technology products, has entered into a definitive agreement to sell its OEM orthopedics business to Tecomet for $45.2 million.

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The Teleflex Medical OEM orthopedics business includes the Beere Medical and SMD brand product lines. Beere Medical is comprised of custom surgical instruments used for orthopedic and spinal procedures. SMD includes micro-machined products ranging from simple components to complex devices. Core capabilities include implant systems (spinal, small bone, dental), mono- and poly-axial screws, flat or anatomic plates, straight or pre-bent rods, connectors and implant insertion instruments.

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