Corin Signs Binding Agreement for the Acquisition of OMNI

Habakkuk is excited to announce that Corin has signed a binding agreement to acquire OMNI Orthopedics, Inc.

Founded in 1985 in the UK, Corin is a worldwide leader in arthroplasty innovation and one of the fastest growing companies in the orthopedic industry. Corin has tripled in size over the last 4 years and now employs over 750 people globally and has operations in 11 direct subsidiaries in the USA, Japan, Australia and the most prominent Western European markets, as well as over 35 distributors.

This OMNI addition represents a key milestone to complement Corin’s state-of-the-art Optimized Positioning System (OPSTM) hip technology with robot-assisted total knee replacement to uniquely position the company as a revolutionary leader in functional patient specific joint replacement. This combination provides tremendous growth opportunities.

This pending acquisition is an incredible opportunity to combine the exceptional talents of both organizations to further develop OMNI’s presence in the United States and globally. The complementary strengths of each company provide ample opportunity to improve patient satisfaction and aligns with Habakkuk’s core value to provide exceptional product and performance to our surgeons.

Read more about the acquisition here.