Össur hf: Össur enters exclusive negotiation in relation to the divestment of Gibaud SAS in France
Announcement no. 31/2020 13 July 2020 Össur enters exclusive negotiation in relation to the divestment of Gibaud SAS in France Össur has entered exclusive negotiations to divest Gibaud SAS (Gibaud) in France to Innothera, a French global provider and manufacturer of pharmaceuticals, medical textiles, and smart health textiles. Signature of the final agreements is subject to consultation with the employee representative bodies of Gibaud and Innothera and are expected to close in the second half of 2020. Össur’s bracing & supports (B&S) business in France has mainly been operating