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DJO Global is producer of the orthopedic equipment intended for rehabilitation, physical therapy and pain relief. The company selling products including under the name of Donjoy is founded in 1978. The headquarters is in California.
History
2020: Purchase of business on release of systems for endoprosthesis replacement of anklebones and fingers at Stryker
In the middle of November, 2020 the DJO company purchased business on release of systems for total endoprosthesis replacement of anklebones and fingers at Stryker company. Acquisition includes the system of a total artroplastika of an ankle joint of STAR and also the system of a total artroplastika of a joint of a finger of TACTYS. Read more here.
2018: Colfax purchased DJO Global for $3.15 billion
On November 19, 2018 the producer of industrial equipment Colfax announced acquisition of DJO Global for $3.15 billion at consortium of private investors led by Blackstone Group.
The buyer will pay all this amount from own means, i.e. without attraction of the actions. It is going to close the transaction in the first quarter 2019.
In the course of DJO Global purchase Colfax company advise J.P Morgan on financial questions and Kirkland & Ellis on legal. The producer of the orthopedic equipment, in turn, cooperates with Goldman, Sachs, Credit Suisse, Wells Fargo Securities and Simpson Thacher & Bartlett.
Acquisition of DJO became a fascinating new step in the course of strategic evolution of Colfax which creates a new basis for growth in the highly profitable market of orthopedic solutions — the president and the CEO of Colfax Matt Trerotola says. — Being the obvious leader in the field of systems for an ortezirovaniye and rehabilitation in which asset there are innovation products recognized worldwide brands and a various product portfolio, DJO reached successful position to earn from the ongoing trends connected with change of demography and expansion of preventive medical care. This transaction reflects our strategic intention to diversify our range and influence on the final market, to reduce recurrence and to increase profitability. |
As notes the Bloomberg agency, purchase of DJO became the largest acquisition in the history of Colfax.[1]