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Mathys AG Bettlach

European Orthopaedic companies Mathys Ltd Bettlach and Lima-Lto S.p.A. sign Strategic Alliance

European Orthopaedic companies Mathys Ltd Bettlach and Lima-Lto S.p.A. sign Strategic Alliance
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Bettlach (ots)

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The two Orthopaedic companies, the Swiss Mathys
Ltd and the Italian Lima-Lto SpA concluded a close strategic
cooperation this week in Villanova, Italy.
Renowned clinics and surgeons have long placed their trust in the
competence of both leading European Orthopaedic companies. Mathys Ltd
situated in Bettlach and Lima-Lto S.p.A located in the north Italian
town of Villanova are each independent family businesses. Both
companies have been involved in the area of joint replacement for the
past decades. This will not change in the future. "The independence
of both companies will not be relinquished through the cooperation"
say Gabriele Lualdi, President of Lima and Dr. Arne Faisst, COO and
Chairman of the Executive Board of Mathys Ltd.
In a first phase both contracting parties have agreed to exchange
two joint replacement systems, to be sold under private labels. Paolo
Pirazzoli, General Manager of Lima explains that through this
cooperation the ability to bid successfully against the large
American competitors will be massively improved. Dr. Arne Faisst is
also extremely satisfied adding that the alliance entails additional
future advantages: "The collaboration includes many opportunities for
important synergies. We shall pursue projects to increase efficiency,
for example in the procurement of raw materials".
Through this close collaboration it will be possible for clients
of both companies to have access to a joint replacement portfolio
from European companies. "Our customers profit from the long-standing
experience and know-how of the two leading Orthopaedic
manufacturers". "In this ways we can promote the European philosophy
thus reanimating and strengthening the established tradition of
European Orthopaedics", adds Dr. Arne Faisst.
Background Lima-Lto
The Italian company was founded in 1945 and can be proud of over
60 years of experience in medical technology. The company started
developing implants for hip and knee in the 70's. The Lualdi family
still runs its business in four different areas:  Orthopaedics,
Aerospace, Mechanics and Motors and its products are commercialized
world-wide. The company has ten subsidiaries and three manufacturing
sites in Italy, the headquarters are located in northern Italy :
Villanova di San Daniele.
Background Mathys Ltd Bettlach
The Swiss Orthopaedic company was founded in 1946 and looks back
on a 50 years of experience in the field of medical techniques.
Mathys has concentrated exclusively on the development, production
and distribution of joint replacement since 1 November 2003. The
products are manufactured predominantly in Switzerland but also in
Germany. The current company activities lie in the area of implants
for hips, knees and shoulders as well as in synthetic bone
replacement material.
The company has 9 subsidiaries in Germany, France, Belgium,
England, The Netherlands, Holland, Austria, Australia, New Zealand
and Switzerland is owned by the families Mathys and Marzo. Major
shareholder Hugo Mathys acts as the Chairman of the Board of
Directors and CEO; Dr. Arne Faisst is COO and Chairman of the
Executive Board.

Contact:

Regula Haag
Head Corporate and Market Communication
Mathys Ltd Bettlach
Güterstrasse 5
2544 Bettlach, Swizterland
Tel. direct: +41/32/644'14'97
Mobile: +41/79/593'89'35
Fax direkt: +41/32/644'14'60
E-Mail: regula.haag@mathysmedical.com
Switchboard: +41/32/644'16'44

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