Elos, the Swedish medical contract manufacturer, has announced the acquisition of Onyx Medical, an orthopedic supply chain manufacturer in Memphis, Tennessee. Key points:
 

• Elos, a US$47 million company, is making its first major US acquisition
• Onyx Medical specializes in trauma and extremity products. 2014 sales are reported at $16 million
• Elos stated that it views Onyx as a platform acquisition

 
The transaction demonstrates the continued interest of European medtech companies in gaining US market share.
 
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