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Fuse Medical agrees to acquire CPM Medical Consultants

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Fuse Medical agrees to acquire CPM Medical Consultants

Fuse Medical Inc. signed a definitive agreement to acquire CPM Medical Consultants LLC.

CPM Medical, which will become a wholly owned subsidiary of the company upon the closing of the deal, is a privately owned distributor of medical device implants and biologics.

Fuse expects the deal to be accretive to 2018, and it anticipates the 2018 consolidated company revenues generated from its product sales and distribution to be at about $35 million.

The deal is subject to customary conditions of closing, which is expected to occur by Dec. 31.