BSN Medical acquires FLA Orthopedics - footwearbiz: Leading site for g

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BSN Medical acquires FLA Orthopedics

05/11/2007

Hamburg-based BSN medical has acquired US manufacturer and distributor of orthopaedics soft goods and bracing products FLA Orthopedics, Inc. through its wholly owned subsidiary BSN medical, Inc. for an undisclosed sum

The acquisition will allow BSN medical to expand its product range, allowing it to branch into compression hosiery and diabetic footwear.

Florida-based FLA Orthopedics employs approximately 250 people in production and distribution and has two additional locations in Huntersville, North Carolina, and Eatontown, New Jersey. It expects sales to exceed $40 million this year.

BSN medical operates in 28 countries, employs approximately 3,400 staff and generated revenues of €529 million in 2006.

 


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