Zimmer Holdings Acquires China’s Largest Joint Prosthesis Manufacturer

Zimmer Holdings has purchased China’s Beijing Montagne Medical Device, which will allow the company to make products in China, according to a Trading Markets report.

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Montagne is the biggest joint prosthesis maker in China, with two plant locations. In 2009, the company reported $60 million in sales revenue and the profit margin was nearly 23 percent.

China is the biggest overseas joint prosthesis supplier. The global artificial bone market is expected to hit $30 billion in value in 2013.

Read the Trading Markets report on the Zimmer acquisition.

Read other coverage on Zimmer Holdings:

– 2Q Financial Results: Zimmer Holdings Reports 21 Percent Decrease Resulting From Product Suspension

– Zimmer Launches Cephalomedullary Nail System

– Zimmer Names New President of Global Business

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