Continuously serving Kosciusko County since 1854
Depuy Orthopedie S.A., a division of DePuy Inc., recently purchased Landanger-Camus, a French company located in Paris. Landanger-Camus is a leading French manufacturer of hip implants and a distributor of orthopedic supplies.
DePuy purchased the company at a cost of $63.85 per share for 1,939,453 shares. Trading of Landanger-Camus shares will be suspended pending the launching of a simplified tender offer for the remaining shares.
Landanger-Camus ended its 1996 fiscal year on Aug. 31 with sales of $87.9 million and a net income of $7.1 million.
