Medacta, a privately held and family-owned global designer of joint replacement and spinal surgery products, hopes to strengthen its presence in Austria and facilitate future development and investments in the market with this acquisition. It also hopes to ensure the continued delivery of high-level products and services to existing customers.
Vivamed CEO and co-founder Herbert Brandstätter will also become the general manager of Medecta Austria.
“Medacta’s growth, including expansion of the product portfolio in the areas of spine, shoulder and sports medicine, requires a substantial structural investment in the Austrian market,” said Alberto Siccardi, president and founder of Medacta. “We look forward to continuing our collaboration with Mr. Brandstätter, who will help us expand and strengthen our business in Austria.”
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