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Zydus’s Amplitude Acquisition Marks Global Medtech Entry With High Potential In India

 
• By Vibha Ravi

Zydus Lifesciences plans to expand global markets for patented products of French orthopedic tech company Amplitude Surgicals which it is acquiring from PE firm PAI Partners and others. Could the European business also serve as a buffer to upheaval in the US amid talks of tariffs?

Zydus has acquired Amplitude Surgicals In France
Zydus' acquisition of Amplitude Surgicals In France marks a global medtech foray (Shutterstock)

Zydus Lifesciences Ltd has entered a deal to acquire French orthopedic implant tech company Amplitude Surgicals that gives it a cash-accretive, “sticky” business, with potential to take the acquired company’s patented products to European markets not currently covered and to high-potential geographies like India.

The entire equity will cost Zydus €300m as it intends to purchase 85.6% of the share capital of Amplitude Surgical at €6.25 per share from French private equity firm PAI...

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