Shalby Acquires Implant Assets of Consensus Orthopedics

May 17, 2021

Indian hospital chain Shalby has acquired implant assets from US-based Consensus Orthopedics for $11.45 million in cash. The assets — including inventory, manufacturing plant and equipment — were purchased by Shalby via its Mars Medical Devices unit (Shalby Advanced Technologies) to expand the group's orthopedic implant capabilities and support both in-house use and international sales; about 40 Consensus employees will join Shalby and Consensus founder Daniel Hayes will become CEO of Shalby Advanced Technologies.

Buyers
Shalby (via Mars Medical Devices / Shalby Advanced Technologies)
Targets
Consensus Orthopedics
Sellers
Consensus Orthopedics
Industry
Medical Devices
Location
California, United States
Transaction Type
Divestiture

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