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Intech entered an exclusive agreement to acquire Coulot Decolletage, expanding the group’s expertise into the machining and additive manufacturing of high-precision medical implants for the spine, extremity and trauma segments of the orthopedic market.
Coulot, based in Châtellerault, France, was founded in 1985 and produces high precision medical implants.
This transaction marks the first acquisition in the wake of Montagu’s recent investment in Intech. The partnership with Coulot expands Intech Group’s footprint into orthopedic implants and jump-starts the group’s journey into additive manufacturing.
Coulot Decolletage underwent a series of major investments in recent years to develop state-of-the-art processes. The vertically integrated facility is set up to manufacture a wide array of implants from titanium nails, plates and screws to PEEK and 3D-printed cages. The newly consolidated group is expected to generate over $150 million in revenue in fiscal year 2021.
“We are excited to become a part of Intech Group. Delivering best-in-class customer service and helping patients get taken care of is what we are about. It’s exciting that the partnership with Intech allows us to do what we do on a much larger scale,” said Bruno Coulot, General Manager of Coulot Decolletage.
“Because of our shared passion for quality and customer service, we are thrilled to welcome Coulot as part of our family. This latest integration makes a lot of sense. It allows us to keep enhancing our relationship with our customers by providing them with a single-source solution, from 3D-printing of implants to kitting of instruments,” said Laurent Pruvost, President & CEO of Intech.
Source: Intech
