Tornier has signed on to purchase OrthoHelix Surgical Designs for $135 million plus milestones, acquiring the company's foot and ankle systems.
In a brief statement issued this morning, Dutch medical device company Tornier ($TRNX) says it plans to consolidate facilities "to drive operational productivity."
This week, Tornier BV unveiled estimated terms for its planned initial public offering. The company is selling 8.75 million ordinary shares with an estimated price of between $19 and $21 per share.
Dutch medical device maker Tornier has filed a $205 million IPO. The company, which has 769 employees worldwide, says it hopes to use proceeds from the financing to pay off $108 million in debt, and