Demetra, an independent international medical company specializing in bone cements, spacers, and biomaterials for orthopedic, spine, and neuro applications, has completed the acquisition of Maxxspine Innovative GmbH, a German company specializing in advanced spinal surgery solutions. The transaction was completed through Osartis GmbH, a Demetra Group company, which has acquired 100% ownership and full control of Maxxspine. Financial terms were not disclosed.
Founded in Germany in 2010, Maxxspine is recognized for the development and distribution of cutting-edge medical devices for spinal surgery, with a strong presence in the German market and a growing international footprint. The acquisition significantly expands Demetra’s spine portfolio and reinforces its proximity to surgeons and healthcare professionals in key European markets, with particular opportunity identified in the field of kyphoplasty.
Osartis will take global responsibility for Maxxspine’s activities following the transaction and will work closely with the existing management team over the coming months to ensure a smooth integration and continuity for customers and partners. Demetra has been a trusted partner to healthcare professionals for more than 40 years, improving the lives of more than three million patients through advanced solutions across infection control, prosthesis fixation, orthobiologics, and minimally invasive surgery. The company operates with a presence in more than 100 countries.
KEY QUOTES:
“The acquisition of Maxxspine is fully aligned with Demetra’s strategy to strengthen its presence in the key European spine surgery markets. By integrating highly specialised companies like Maxxspine, we further enhance our ability to stay close to surgeons and patients, delivering innovative solutions and reinforcing our role as a trusted international partner in spine care.”
Michele Perrino, CEO, Demetra
“Becoming part of a strong and ambitious international group like Demetra provides the ideal platform to further develop what I have built over the years. This step makes me proud of our journey so far and confident in the results we can achieve together, with Maxxspine’s values of trust and professionalism fully respected and carried forward.”
Volker Ludwig, CEO, Maxxspine Innovation
