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Tornier Stage: Growth Date of Investment: 7/18/2006 Web Site : http://www.tornier-us.com
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Tornier is a global orthopedics company headquartered in Grenoble, France. Since its founding in the 1940s, Tornier has been among the pioneers in the European orthopedic industry. The company currently offers a broad range of joint replacement products including hips, knees, shoulders, ankles, and other extremity prostheses. During the 1990’s the company’s close collaboration with prominent surgeons led to the commercialization of its Aequalis® shoulder and Salto® ankle product lines, thus establishing Tornier as a leader and innovator in the European extremity joint replacement market. In 2000 Tornier entered the United States market with its shoulder product line, and in 2004 the company became a leader in the shoulder arthroplasty market with the launch of the Aequalis® Reversed Shoulder Prostheses. Warburg Pincus led an investor group to acquire a majority interest in Tornier in July 2006. Concurrent with Warburg Pincus’ investment, Douglas W. Kohrs, former CEO of American Medical Systems Holdings Inc., joined the company as CEO.
