RTI Surgical Announces Spin Off of Businesses into Two Independent Companies

UF startup RTI Surgical, a global private label OEM company, announced that the company will spin off its Metals business, creating two independent companies that are focused on the needs of customers and patients in their distinct market segments. Ownership of both companies will be retained by Montagu, a leading private equity firm specialized in finding and growing businesses that make the world work.

As industry-leading surgical implant suppliers, both businesses partner with leading medical technology companies to design and develop medical devices. The spin off will reinforce market focus for both the Metals and Tissue & Biologics businesses and better position each company to capitalize on strategic growth opportunities as the need for outsourced private label medical device manufacturing and product life cycle management increases.

RTI Surgical, a UF Innovate | Accelerate at Sid Martin Biotech graduate, will keep the Tissue & Biologics business in Alachua. The Metals business will remain in Marquette, Michigan.

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