Turner Medical acquired by In’Tech Medical
In 2013, In’Tech Medical instructed Potomac Transactions to realize its first significant acquisition in the US, a key market for an orthopedic contract manufacturer. The US market represents approximately 70% of the worldwide market
After a careful screening of more than 150 orthopedic contract manufacturers dedicated to instruments, Turner Medical was one of the best acquisition opportunities due to significant synergies and appropriate size. The acquisition was finalized in March 2015 after extensive structuring work
Turner Medical became In’Tech America and is the spearhead of the group’s development in the US.
- Turner Medical- Athens, Alabama
- CEO and owner: Bill Turner
- 185 employees in 2015
- In’Tech Group 2015 revenues of €60 million including 50% in the US