ZimVie Inc. Makes Strategic Move: Sells Spine Business to H.I.G. Capital for $375M
- gdelacruz57
- Dec 20, 2023
- 1 min read
Westminster, CO, December 18, 2023 (Globe Newswire) -- ZimVie Inc. (Nasdaq: ZIMV), the 2022 spin-off of the dental and spine business units of Zimmer Biomet, made waves today by finalizing a deal to sell its spine business to H.I.G. Capital, a major player in the alternative investment scene. Vafa Jamali, President and CEO notes that this allows ZimVie to focus on the global dental markets.
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