The US joint restoration specialist Exactech Inc said it is opening a wholly-owned distribution subsidiary in Japan and plans to buy a distribution subsidiary in France.

Japan and France are two of the largest orthopaedic device markets outside the USA.

Exactech said it will acquire the stock and assets of France Medica SAS, a Strasbourg-based importer and distributor of orthopaedic products and surgical supplies. The total purchase price is expected to be Euros 6.8 million to 7.1 million. France Medica's full year ...