Lima Corporate

Engineer and entrepreneur, Carlo Leopoldo Lualdi, LimaCorporate's founder, began producing surgical instruments in 1945.[6]

In 1953, Lualdi created the first helicopter prototype, relying solely on Italian ingenuity. Between then and the year 2000, Lima became one of the most important suppliers to the aerospace industry. Through the 1960s and 1980s, the core business expanded into the manufacturing of medical devices, specifically titanium orthopedic prostheses. In the 1990s, the company continued to focus on innovating orthopedics with the specific aim of broadening its presence on a global scale. In the year 2000, Lima made the decision to specialize exclusively in the production of orthopedic implants.[6]

In the early 2000s, LimaCorporate began developing Electron Beam Melting (EBM) technology, a form of additive manufacturing, to address the functional limitations of the coatings applied to traditional prosthetic implants.[6] In 2007, the company's first acetabular cup featuring TT, LimaCorporate's proprietary 3D printing technology, was developed and implanted for the first time in Italy.[6]

Lima later announced the completion of a Distribution Agreement with OrthAlign, Inc. for a tibial/femoral handheld navigation device and associated instrumentation to be supplied within the European Economic Area (EEA) and Switzerland (excluding Romania).[7]

In addition, the company announced the completion of an assets acquisition process with Zimmer Holdings Inc. on July 3, 2015. They acquired the Zimmer® Unicompartmental High Flex Knee (ZUK) and Biomet® elbow system for distribution within the European Economic Area (EEA), Switzerland and Japan as well as the Biomet® complete knee system for Denmark and Sweden.[8] The agreement was approved by the Japanese Fair Trade Commission at the end of the same year.[9]

In 2016, EQT, with Hansjörg Wyss as the co-investor, completed the acquisition process for a majority share of LimaCorporate.[10]

In 2018, LimaCorporate acquired TechMah Medical LLC, a medical device software company located in Tennessee (USA), to offer digital applications that complement their hardware portfolio.[11]

In 2019, LimaCorporate and the Hospital for Special Surgery (HSS) announced the foundation of the first additive manufacturing 3D printing facility for custom complex implants in a hospital setting.[12] LimaCorporate announced the completion of a distribution agreement with G21 S.r.l. to supply cement spacer molds for the shoulder, hip and knee as well as antibiotic-loaded bone cement.[13] Additionally, the company entered into an agreement with Dedienne Santé S.a.s. to distribute dual mobility acetabular cups in the European Economic Area (EEA) and Switzerland.[14]

In 2020, LimaCorporate inaugurated new spaces entirely dedicated to 3D Printing and advanced testing at its HQ campus of San Daniele del Friuli, Udine, Italy. These new facilities include the Research & Innovation Center (R&I Center) and the Advanced Laboratory for Testing and Analysis (ATLAs).[15] In the same year, LimaCorporate became the first Italian company to obtain the EU Quality Management System Certificate under Medical Devices Regulation (MDR) for Class III Custom-Made devices.[16]

On March 24, 2021, LimaCorporate opened the ProMade PoC Center for Complex Orthopedic Solutions at the Hospital for Special Surgery (HSS), the first industry-owned and operated design and 3D printing center on hospital grounds. Located at the HSS main campus in New York City, the ProMade PoC (Point of Care) Center is LimaCorporate's first US-based, FDA-regulated commercial manufacturing facility delivering faster and more accessible care for U.S. patients requiring patient-specific solutions for their complex orthopedic conditions.[17]

In 2022, LimaCorporate's Modular Shoulder System celebrates 20 years of (commercial) life.[18] In January, Lima Canada officially opened as a legal entity.[19] In February, the LimaCorporate Advanced Laboratory for Testing and Analysis (ATLAs) was accredited ISO 17025 by Accredia.[20]

Since 2007, LimaCorporate has been a pioneer in the 3D printing of standard and custom implants for orthopedic applications. They have conceived, produced and patented Trabecular Titanium technology, the next generation in additive manufacturing, and benefits from over ten years of clinical experience with 3D printed implants.[21]

On the Digital front, LimaCorporate is developing Smart SPACE a 3D digital pre-operative and intra-operative surgical guidance platform which uses AI and machine learning to advance the platform digital suite supporting all algorithms behind LimaCorporate solutions.

Since March 2016, LimaCorporate has been owned by EQT Private Equity.[22] Founded in 1994, EQT is a purpose-driven global investment organization entirely focused on active ownership strategies, while responsibly investing in, owning, and developing companies.[23]

The firm invests in private equity, infrastructure, real estate, growth equity, and venture capital in Europe, North America, and Asia Pacific.[22]

As of March 2022, EQT's assets under management were EUR 90.0 billion.[22]

LimaCorporate's advisory board includes Industry Experts who support the company's growth:[22]

• Lars Rasmussen, chairperson of the Board
• Matteo Thun, Board Member
• Xavier Berling, Board Member
• Rodrigo Bianchi, Board Member
• Doug Kohrs, Board Member
• Eric Lohrer, Board Member
• Michel Orsinger, Board Member
• Petra Rumpf, Board Member

Since September 2022, Massimo Calafiore has held the role of CEO.[24] Michele Marin has been the CFO since March 2018.[25]

In September 2023, LimaCorporte announced via pressrelease and customer information that EQT intents to sell LimaCorporate SpA to the NYSE-listed Enovis Group at $ 850 M. The deal is supposed to close in Jan 2024.[26]

2015 On July 3, 2015, LimaCorporate announced the completion of an assets acquisition process with Zimmer Holdings Inc.. They acquired the Zimmer® Unicompartmental High Flex Knee (ZUK) and Biomet® elbow system for distribution within the European Economic Area (EEA), Switzerland and Japan as well as the Biomet® complete knee system for Denmark and Sweden.[8] The agreement was approved by the Japanese Fair Trade Commission at the end of the same year.[9]

2018

In 2018, LimaCorporate acquired TechMah Medical LLC, a medical device software company located in Tennessee (USA), to offer digital applications that complement their hardware portfolio.[11]

LimaCorporate's awards include:

• SMAU Innovation Award 2017[27]
• Award for the Best Strategy for Capital Market Use in 2016-2017[28]
• Diversity and Inclusion Award 2018[29]