Ossur Hf : Össur has completed the acquisition of TeamOlmed
Announcement from Össur hf. No:22/2013Reykjavik, 1 October 2013Össur has completed the acquisition of TeamOlmed Össur has completed the acquisition of TeamOlmed, announced on 21 May 2013. Allconditions have been fulfilled and TeamOlmed will be included in the ÖssurConsolidation as of 1 October 2013. TeamOlmed was acquired for SEK 310 million(USD 49 million). Sales for TeamOlmed for the full year 2013 are expected to amount to USD 52million with an EBITDA margin of 12%. Sales for Q4 are expected to amount to USD16 million with an 18-20% EBITDA margin. Sales and EBITDA