hg medical Gmbh

Based in Germany, hg medical GmbH is a vertically integrated company specializing in the production of orthopedic implants tailored for bone surgeries, focusing on both lower and upper extremities as well as spinal applications. hg medical GmbH is an orthopedic implant manufacturer founded in 2007 in Germany. The company has executed two deals, with the most recent deal occurring on May 5, 2023. The firm does not have any known subsidiaries or parent companies.

Information about the founder is not publicly available. hg medical GmbH specializes in manufacturing orthopedic implants specifically designed for bone surgery, including products for both upper and lower extremities as well as spinal applications. The company utilizes advanced technology and approved materials like titanium, stainless steel, and PEEK in its production processes. Their clientele spans both established industry leaders and emerging startups, with products targeting healthcare providers and patients primarily in North America and Europe.

In the most recent year, hg medical reported a revenue of USD 21. 53 mn and an EBITDA of USD 5. 52 mn. The company's revenue is generated through business-to-business transactions, primarily with healthcare providers and orthopedic device manufacturers, focusing on bulk orders of orthopedic implants tailored to specific surgical requirements.

In May 2023, Astorg agreed to acquire a majority stake in hg medical GmbH from Nord Holding. This acquisition will provide hg medical with the capability to enhance its services and expand its offerings, while pursuing additional growth through acquisitions. The company aims to utilize this new capital to further develop its product lines and strategically expand into new geographical markets.