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OverviewAPI
Astorg, a European private equity firm, is set to acquire a majority stake in hg medical, a global orthopaedic implant manufacturer, from NORD Holding to foster growth through organic development and acquisitions. This investment represents Astorg Mid-Cap's debut in Germany and second healthcare venture, following hg medical's prior acquisition by NORD and its management team in 2020. Additionally, HG Medical is expanding its operations with a new facility in Michigan supported by JLL, enhancing job creation and the region's life sciences sector.

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