LimaCorporate is a medical device company based in Italy, it manufactures joint implants, extremities and fixation.[1] In 2021, the company delivered 3D printing to a hospital setting.[2] Both Italian production plants of LimaCorporate have been certified ISO 14001.[3]
 | |
| Company type | Medical devices |
|---|---|
| Founded | 1945, in Friuli-Venezia Giulia, Italy |
| Founder | Carlo Leopoldo Lualdi |
| Headquarters | Villanova, San Daniele del Friuli, Italy |
Key people | Matt Trerotola (Enovis CEO) Louie Vogt (Group President Recon) Benjamin Reinmann (President of Enovis International Surgical) |
| Products | Medical devices |
| Owner | Enovis (2024–present) |
| Website | www |
In September 2023, Enovis announced that it had reached an agreement to acquire the company for approximately €800 million.[4] On January 3, 2024, it was reported that the purchase of LimaCorporate had been completed.[5]
History
editEngineer and entrepreneur, Carlo Leopoldo Lualdi, LimaCorporate's founder, began producing surgical instruments in 1945.[6] In 2000, Lima began specializing in the production of orthopedic implants.[6] In the early 2000s, LimaCorporate began developing electron-beam melting (EBM) technology, a form of additive manufacturing.[6] In 2007, the company's first acetabular cup was developed.[6]
Lima later announced the completion of a Distribution Agreement with OrthAlign, Inc. for a tibial/femoral handheld navigation device and associated instrumentation to be supplied within the European Economic Area (EEA) and Switzerland (excluding Romania).[7] In addition, the company announced the completion of an assets acquisition process with Zimmer Holdings Inc. on July 3, 2015.[8] The agreement was approved by the Japanese Fair Trade Commission at the end of the same year.[9]
In 2016, EQT, with Hansjörg Wyss as the co-investor, completed the acquisition process for a majority share of LimaCorporate.[10] In 2018, LimaCorporate acquired TechMah Medical LLC, a medical device software company located in the United States.[11] In 2019, LimaCorporate and the Hospital for Special Surgery (HSS) announced the foundation of an additive manufacturing 3D printing facility in a hospital setting.[12] LimaCorporate announced the completion of a distribution agreement with G21 S.r.l. to supply cement spacer molds for the shoulder, hip and knee as well as antibiotic-loaded bone cement.[13] Additionally, the company entered into an agreement with Dedienne Santé S.a.s. to distribute dual mobility acetabular cups in the European Economic Area (EEA) and Switzerland.[14]
In 2020, LimaCorporate inaugurated spaces for 3D Printing at its headquarter campus of San Daniele del Friuli, Italy.[15] In the same year, LimaCorporate became the first Italian company to obtain the EU Quality Management System Certificate under Medical Devices Regulation (MDR) for Class III Custom-Made devices.[16] On March 24, 2021, LimaCorporate opened the ProMade PoC Center for Complex Orthopedic Solutions at the Hospital for Special Surgery (HSS).[17]
Corporate governance
editSince March 2016, LimaCorporate has been owned by EQT Private Equity.[18] As of March 2022, EQT's assets under management were €90.0 billion.[18]
Since September 2022, Massimo Calafiore has held the role of CEO.[19] Michele Marin has been the CFO since March 2018.[20] LimaCorporate's advisory board includes:[18]
- Lars Rasmussen, Chairperson of the Board
- Matteo Thun, Board Member
- Xavier Berling, Board Member
- Doug Kohrs, Board Member
- Eric Lohrer, Board Member
- Petra Rumpf, Board Member
In September 2023, EQT Private Equity announced the sale of LimaCorporate to the NYSE-listed Enovis Group. The transaction is expected to close in early 2024.[21]
References
edit- ^ "History". LimaCorporate. Archived from the original on March 27, 2016. Retrieved 2019-11-28.
- ^ "LimaCorporate Heads First 3D Printing Site on Hospital Campus to Address Complex Custom Orthopedic Implants" (PDF). LimaCorporate.
- ^ "Environment".
- ^ "Enovis to Acquire LimaCorporate S.p.A." Enovis. September 28, 2023. Archived from the original on December 15, 2023.
- ^ "Enovis Completes Acquisition of LimaCorporate S.p.A". Enovis. Wilmington, Delaware. January 3, 2024. Retrieved 2024-01-24.
- ^ a b c d "Our History". LimaCorporate.
- ^ "LimaCorporate Enters into an Agreement for Distribution With Orthalign for Handheld Navigation Device" (PDF). LimaCorporate. August 6, 2015.
- ^ "LimaCorporate Announces Completion of Zimmer-Biomet Assets Acquisition" (PDF). LimaCorporate. July 3, 2015.
- ^ "LimaCorporate Completes Acquisition ff Zimmer Biomet Assets in Japan" (PDF).
- ^ "EQT and Hansjörg Wyss New Owners of LimaCorporate" (PDF).
- ^ "LimaCorporate Announces Milestone-Based Acquisition of Techmah Medical LLC to Expand Digital Footprint in Orthopaedics" (PDF). LimaCorporate. 6 September 2018.
- ^ "LimaCorporate Heads First 3D Printing Site on Hospital Campus to Address Complex Custom Orthopedic Implants" (PDF). LimaCorporate. January 7, 2019.
- ^ "LimaCorporate Enters into an Agreement for Distribution With G21 for Spaceflex Cement Spacer Portfolio" (PDF).
- ^ "LimaCorporate Enters into an Agreement with Dedienne Santé for Distribution of Dual Mobility Cups" (PDF).
- ^ "LimaCorporate Inaugurates the New Research & Innovation Center for 3D Printing and the Advanced Laboratory for Testing and Analysis (ATLAs)" (PDF).
- ^ "LimaCorporate is the First Italian Company to Obtain the EU Quality Certificate Under the MDR" (PDF).
- ^ "LimaCorporate and HSS Partner to Open First Provider-Based Design and 3D Printing Center for Complex Joint Reconstruction Surgery" (PDF).
- ^ a b c "Shareholders".
- ^ "Massimo Calafiore appointed as new LimaCorporate CEO" (PDF).
- ^ "Michele Marin Appointed as New Member of The Italian Board of Directors" (PDF).
- ^ "EQT Private Equity to sell LimaCorporate to Enovis: The Italian site in San Daniele del Friuli will remain the fulcrum of production, benefiting from new investments" (PDF).