/Start/News/Cases/The medtech company Bone support acquires Ultrazonix

The medtech company Bone support acquires Ultrazonix

The medical device company Bone Support AB based in Lund, which specializes in spinal disorders, has acquired Ultrazonix Holding AB, which has developed a new ultrasound based method for treatment of herniated discs. The acquisition is made through a new issue in kind. The acquisition allows Bone Support AB to broaden its product offering and strengthen its position in the market for treatment of spinal disorders.

Simultaneously with the acquisition of Ultrazonix Holding AB, Bone Support AB executed a new share issue of MSEK 122 in order to guarantee a continued expansion. The capital contribution will predominantly be utilized for market investments and an extensive clinical program to prepare for the introduction of future products within the EU and in selected markets such as the U.S. and Canada. The new share issue is one of the largest within the health care sector in Sweden during 2008.

Jonas Frii and Ola Grahn from Setterwalls in Malmö assisted Bone Support AB in connection with the acquisition and the new issue. 

Areas

Financial Markets
M&A
Life Sciences
Private Equity
  1. 1. 4/10/2013
     Setterwalls advises Oriola-KD on its acquisition of Medstop from Segulah
    Oriola-KD Corporation acquires the Swedish pharmacy chain Medstop from Segulah. Oriola-KD already owns the Swedish pharmacy chain Kronans Droghandel. Medstop and Kronans Drogh...
  2. 2. 3/6/2013
     Setterwalls has successfully represented Alfa Laval in the Supreme Court
    Setterwalls has successfully represented Alfa Laval in a dispute against its insurer concerning right to indemnity following an advanced theft of titanium and copper in Lund d...
  3. 3. 2/13/2013
     Volvo Car Group signs financial agreements with bank group and Swedish Export
    Volvo Car Group (Volvo Cars) has signed two loan agreements with financial partners. The first agreement is an unsecured working capital backup facility of EUR 240 million wit...
  4. 4. 1/31/2013
     Setterwalls assists SATS in the acquisition of strategic WorldClass center
    Setterwalls has assisted SATS in establishing its first training center in Värmdö by acquiring the fitness center WorldClass Värmdö, strategically located in the Varmdö mall. ...
  5. 5. 1/23/2013
     Setterwalls has successfully represented City Gross in a property lease dispute
    Setterwalls has successfully represented City Gross in case pertaining mainly to the contractual interpretation and extent of the wording snow clearance in the Swedish Pr...
  6. 6. 1/16/2013
     Setterwalls assists Felix Herngren’s production company
    Felix Herngren’s production company, FLX, has hired Jarowskij’s former CEO Pontus Edgren as its new CEO. Lowe Brindfors’ former creative director, Niclas Carlsson, is simultan...
  7. 7. 12/21/2012
     Setterwalls has assisted Bulten in a joint venture with GAZ
    Setterwalls has assisted Bulten AB, a subsidiary of FinnvedenBulten AB (publ), in the creation of a joint venture with GAZ, the largest manufacturer of commercial vehicles in ...
  8. 8. 11/30/2012
     Setterwalls has assisted Phoenix Contact in the acquisition of Pressmaster from Latour Industries
    Setterwalls has assisted German Phoenix Contact in the acquisition of Pressmaster AB from Latour Industries AB. Pressmaster is one of the leading manufacturers of precision to...
  9. 9. 11/8/2012
     Setterwalls assists SAS in an important case in the Supreme Administrative Court
    The Supreme Administrative Court has ruled in favour of SAS in an important case on the extent of the carriers' responsibility to check passports and visas for travel from non...
  10. 10. 11/1/2012
     Setterwalls adviser in Skanska’s sales of police station in Malmö
    Setterwalls has assisted Skanska in its sales of the police station in Malmö to Hemsö Fastighets AB. The transaction is effected as a company transaction and the underlying pr...
Print