Ossur Acquires Generation II Orthotics

On October 3, 2003, Iceland-based Ossur hf acquired all the shares of B.C.-based Generation II Orthotics, Inc., a developer and manufacturer of orthotic knee braces and its U.S. affiliate, Generation II USA, Inc., for total consideration of US$31 million. The acquisition will strengthen Ossur’s research and development capabilities and will allow Ossur to have a broader product range.

Ossur was represented in Canada by Stikeman Elliott LLP, with a team that included Samantha Horn, Simon Romano and Dean Kourmanakos and assisted by Ralph Lutes and Rachel Hutton (real estate) in Vancouver; Julie Thibault (labour), Alan Kenigsberg (tax) and Matthew Dooley in Toronto; and Eugene Derenyi (IP) in Ottawa; and in the U.S. by Warshavski, Paula Corsaro and Eric Friedlander.

Generation II Orthotics was represented in Canada by Davis & Company in Vancouver, with a team that included Stuart Morrow, Megan Filmer and Ruby Chan (corporate finance), Doug Morley (tax), Chris Bennett (IP) and Catherine Gibson (real estate); and in the U.S. by Garvey Schubert Barer in Seattle, with a team that included Jon Kroman, Scott Warner, Brent Jones and Amanda Hinds.


Ralph J. Lutes Rachel V. Hutton Megan Anne Filmer Samantha G. Horn Julie Thibault Alan Kenigsberg Stuart Bishop Morrow Donald K. Wilson Dean Koumanakos Christopher L. Bennett Ruby Chan Catherine Gibson Douglas Charles Morley


Stikeman Elliott LLP Proskauer Rose LLP DLA Piper (Canada) LLP