Big Move Into Foot and Ankle by Henry Schein

Henry Who?

Henry Schein is a power player in the world of dentistry. With an impressive 2022 sales of $12.6 billion. It is also recognized as a Fortune 500 company.

TriMed, Inc.

Henry Schein has acquired a majority interest in TriMed, Inc., which focuses on solutions for the orthopedic treatment of lower extremities (foot and ankle) and upper extremities (primarily hand and wrist). TriMed had net sales of approximately $48 million in 2022. The transaction, subject to certain regulatory approvals and closing conditions, is expected to be completed in the first quarter of 2024. Financial terms were not disclosed.

Extremity Medical LLC

Henry Schein has entered into a strategic relationship with Extremity LLC, which focuses on the orthopedic treatment of the lower extremities and wrist. Headquartered in Parsippany, NJ, the company will operate as a separate, stand-alone company. Financial terms were not disclosed.