Corin Permira | Permira

Corin

Corin is a international orthopaedic implant company, leading the way in orthopaedic innovation. Its clinically-proven implants maximises healthcare value for patients, surgeons and healthcare providers. Find out how we’re supporting its geographic expansion and product development …

UK

Current

Why we backed them

  • To back a market with strong growth characteristics driven by long-term trends such as ageing populations, active elderly people, obesity and growing need of revision implants
  • To leverage its differentiated offering through implants, yielding best-in-class clinical outcomes and unique software proposition for surgeons
  • To back a high-quality management team, led by CEO Stefano Alfonsi, who has a strong track record of delivering consistent double-digit organic growth and executing strategic acquisitions

The investment strategy

  • To continue the transformation of Corin into an innovation leader in hardware and software, with best-in-class customer service, and presence in the most attractive orthopaedic markets
  • To roll-out the product and technology offering in key geographies such as USA, Australia, Japan, UK and France
  • To support strong volume growth through manufacturing scale-up
  • To accelerate growth through M&A

www.coringroup.com

The metrics

2018

Acquisition year

90%+

International sales

60,000+

Implants sold p.a.

$17.5bn

Market size