Scandinavian investment company buys 15% shares in OSSUR

Customers and staff at Ossur will see long-term benefits from recent developments in the investment world. Industrivarden, one of Scandinavia's largest investment companies, has bought a 15% stake in Ossur.
Customers and staff at Ossur will see long-term benefits from recent developments in the investment world. Industrivarden, one of Scandinavia's largest investment companies, has bought a 15% stake in Ossur.


"This is good news for all of us," explains Ossur President and CEO, Jon Sigurdsson. "The stronger we are financially, the greater the opportunity for us to invest in new technologies and to continue to attract the best personnel. These factors have been crucial to our development as a company and to the success of our products. They remain of the highest priority to us."


The investment by Industrivarden is an encouraging development for Ossur, confirming the company's appeal to foreign investors. Significant effort has been put into increasing Ossur's attractiveness to potential foreign investors. The company already reports in US Dollars and just last week, shareholders approved the conversion of Ossur stocks from Icelandic Krona
to US Dollars.


Ossur invests a record percentage of revenues into R&D (Research & Development). Recently launched products include two new ICEROSS liners offering superb stability and suspension, and CETERUS, a new foot with rotational function from the Flex-Foot range.


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