North Carolina company buys Pioneer Surgical

Marquette-based Pioneer Surgical just opened a facility in North Carolina in recent years, and now the news is that a N.C. biologics company is acquiring Pioneer in turn.

Excerpt: RTI Biologics is in the process of buying Pioneer Surgical Technology, a Michigan-based implant manufacturer with 300 employees worldwide, in a deal worth $130 million.

With the acquisition announced Wednesday, RTI will add synthetic and metal surgical implants to its portfolio of implants manufactured from human donated tissue and animal tissue.

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Source: Gainesville Sun
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