Cutting Edge SAS announced it has signed a definitive agreement to acquire Kestrel Ophthalmics Limited, an ophthalmic distributor in the United Kingdom.
Terms of the deal were not disclosed.
Kestrel Ophthalmics has been supplying innovative technologies for over 16 years to NHS and private practices, while working alongside UK health care professionals in their everyday practice to help them deliver the highest quality of treatment. The company enables the ophthalmic community to deliver successful patient outcomes by supporting their needs with quality product portfolio and insightful, specialist knowledge.
“The agreement combines the strengths of both companies. Kestrel Ophthalmics seasoned management team has done a fantastic job of building a solid and successful operation that provides unparalleled customer service experience to local customers," Cutting Edge General Managers Jean-Pierre Boudet and Yves Brouquet stated in a news release.
“Our companies share a strong consumer focus, and the combination of the Cutting Edge’s IOL manufacturing capabilities and the Kestrel Ophthalmics commercial strengths will help deliver a richer and more comprehensive experience to UK surgeons and eyecare professionals. We are delighted to be joining forces with Cutting Edge," Ian Ponsford, Kestrel Ophthalmics’ Managing Director, said in the news release.