Zimmer Buys External Fixation Firm

Zimmer Holdings Inc. has acquired Memphis, Tenn.-based ExtraOrtho Inc. The deal includes the firm’s XtraFix external fixation line.

Terms of the deal were not disclosed.

“This acquisition further enhances Zimmer’s position in the vital and growing external bone fixation market,” said Jeff Paulsen, president, Zimmer Global Businesses. “The XtraFix technology is one of the most simple and effective solutions for external fixation, and we’re confident that trauma care professionals will welcome this addition to Zimmer’s portfolio of external and internal fixation products.”

The move is part of Zimmer’s goal to take a larger share of the $5.5 billion global trauma market. The acquisition of ExtraOrtho broadens Zimmer’s portfolio of trauma solutions and improves its position in the $820 million external fixation market.

According to the company, the XtraFix system can be used for unilateral and multilateral fixation of long bones, wrist, ankle and pelvic fractures.

Zimmer is headquartered in Warsaw, Ind. ExtraOrtho, which focuses solely on product development in the external fixation trauma market, was started in 2007 under the name QFx Technologies, Inc.

XtraFix was launched in January this year.