JKB Medical Technologies & Sandvik

JKB Medical Technologies have been acquired by Sandvik

Decosimo acted as exclusive financial & sell-side advisor.

Chattanooga, Tennessee – Decosimo Corporate Finance, LLC is pleased to announce the sale of JKB Medical Technologies to Sandvik AB. Decosimo served as the exclusive sell-side advisor for JKB.

JKB Medical Technologies is a leading contract manufacturer of spinal implants and medical instruments manufactured from titanium alloy and high-alloy stainless materials. The Company’s customers comprise globally leading medical technology companies that sell directly to hospitals and medical clinics. The Milford, CT based company recently established a plant in Memphis, TN.

Founded in 1862, Sandvik is a publicly traded, multinational engineering company based in Stockholm, Sweden. The company has sales in 150 countries and supplies equipment and tools to the mining, construction, manufacturing, and materials industries. The acquisition of JKB will further strengthen Sandvik's position in the strategically important and rapidly expanding medical segment.

As JKB’s exclusive sell-side advisor, Decosimo professionals worked closely with the company’s owners and management to maximize the company’s value despite recent business setbacks and in anticipation of a sale. This collaboration resulted in the company’s successful sale to Sandvik, providing the liquidity and value the owners desired.