We are very proud to announce that hg medical signed a definitive agreement to acquire ptu medical, a contract manufacturer of drills, cutting instruments and implants with applications in orthopedic spinal, extremities and trauma surgeries. ptu medical’s product offering perfectly complements hg medical’s existing range of services and as a joint group, we will be able to even better serve our customers’ increasing global demand for outsourced production in the orthopedic sector. This highly synergistic acquisition of ptu medical is part of hg medical’s ambition to continue its successful growth strategy in the fragmented orthopedic contract manufacturing market.