Georgia's Amendia & Medline Industries Form Investment and Strategic Business Alliance
Press release from the issuing company
Tuesday, May 8th, 2012
Amendia, Inc., a manufacturer and distributor of spinal implants and surgical instruments, and Medline Industries, Inc. announced a new strategic business alliance. The relationship aligns Amendia's growing spinal surgical device business with Medline's leading medical and surgical products network. Amendia's advanced manufacturing facility located near Atlanta compliments Medline's world class facilities which include more than 50 manufacturing facilities and distribution centers around the world.
"This investment and alliance provide a tremendous opportunity for our company, the Georgia community, and the spine industry as a whole. Amendia will benefit from Medline's professional management team, expansive distribution channels, manufacturing capacity, and cost efficiencies," said Jeff Smith, CEO of Amendia. David Greenberg, Executive Vice President-Strategy with Medline, will serve on Amendia's Board of Directors which is comprised of several well respected executives in the medical device industry. "Medline's investment, following an extensive due diligence, is a significant indicator of the confidence sophisticated investors place on the future of Amendia," Smith continued.


