October 8, 2013

BioMet acquiring Broomfield-based Lanx

BROOMFIELD – Biomet Inc. in Warsaw, Indiana will acquire medical-device manufacturer Lanx Inc. for an undisclosed amount, the two companies said Tuesday.

Terms of the deal have not been released.

Broomfield-based Lanx has about 200 workers who conduct research and make products for patients with degenerative spinal disc disease. The company raised $15 million in equity funding in May.

Biomet looks forward to “welcoming the talented Lanx team members and distributors to Biomet and working together to build our spine business,” Jeff Binder, Biomet president and chief executive, said in a press statement.

Biomet also makes a line of spinal-device products as well as…

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