Skip to Content

Smith & Nephew makes wound care buy

Smith & Nephew makes wound care buy

LONDON - Smith & Nephew has agreed to acquire the wound management-related assets and business of Brazil's Politec Saude, furthering its plans to build an emerging markets business, according to a Nov. 26 release. Politec Saude is Brazil's lone distributor of Smith & Nephew advanced wound management products. “Brazil is an exciting long-term opportunity and this is an important investment which creates a significant platform from which we can grow,” said Olivier Bohuon, Smith & Nephew CEO. The acquisition comprises one-quarter of Politic's total business; the company will continue to operate its other businesses as usual, according to the release.

Comments

To comment on this post, please log in to your account or set up an account now.