Nuvasive to acquire Brazilian distributor

 01-Mar-16, NuVasive 

NuVasive, Inc., a leading medical device company focused on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced today that it has entered into a definitive agreement to acquire Mega Surgical, the exclusive distributor of NuVasive products in Brazil.

The acquisition of Mega Surgical reinforces NuVasive’s spine leadership and global presence. The transaction is expected to close during the first quarter 2016, subject to customary closing conditions. Terms of the transaction were not disclosed.

Image: NuVasive

Jason M. Hannon, Executive Vice President, International, said, “We are pleased to announce the acquisition of our international distributor, Mega Surgical, in Brazil, which will offer NuVasive direct engagement in an important international market with untapped potential. This acquisition will provide us with new growth opportunities in this key Latin American market, along with direct access to a large, growing market for accelerated share-taking in new segments, including a new opportunity to compete in Brazil’s large public healthcare market. Additionally, it will allow for direct contact with surgeons and key opinion leaders throughout the country where direct relationships are a preferred method of doing business. Together, we’ll be an even stronger company with an established presence in Brazil and resources to drive growth.”

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