Corentec Co., Ltd. agreed to acquire an additional 26.01782% stake in Sun Healthcare International Corp. for KRW 7.8 billion.
July 30, 2022
Share
Corentec Co., Ltd. (KOSDAQ:A104540) agreed to acquire an additional 26.01782% stake in Sun Healthcare International Corp. for KRW 7.8 billion on July 1, 2022. The total assets of Sun Healthcare International Corp. for the most recent business year were KRW 120 billion. The transaction is expected to complete on July 4, 2022.
Corentec Co., Ltd. is a Korea-based company engaged in the development, manufacture and sale of orthopedic implants. The Companyâs products consist of hip products, including primary systems, hemi-arthroplasty systems and revision systems, such as cementless femoral stems, cemented femoral stems, cups for acetabular systems, bearing systems and others; knee products, including primary knee system fixed type, primary knee system mobile type, revision knee systems and augments systems, and spine products, including pedicle screws and peek cages. The Company mainly provides its hip products under the brand name of BENCOX, knee products under the brand name of LOSPA and spine products under the brand name of LOSPA IS. The Company distributes its products within domestic market and to overseas markets.
CORENTEC CO., LTD. 
