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Enovis Corporation has announced that it has entered into a binding offer to acquire eCential Robotics, a leading developer of enabling technologies and surgical robotics. The company says the acquisition expands the ASTRA enabling technology platform with robotic automation capabilities, creating a more comprehensive ecosystem designed to improve surgical precision, streamline workflows, and enhance patient outcomes.
Under the terms of the agreement, Enovis will acquire eCential Robotics for an upfront enterprise value of €155 million, which corresponds to cash consideration of approximately €176 million to be paid to eCential Robotics’ shareholders at closing, plus up to €35 million in contingent consideration…