STATEMENT: TSI Group joins Halma Group and opens new avenues for growth

SUGAR LAND, Texas, Nov.

STATEMENT: TSI Group joins Halma Group and opens new avenues for growth

SUGAR LAND, Texas, Nov. 20, 2023/PRNewswire/ -- TeDan Surgical Innovations, a leading player in the medical technology sector, is pleased to announce its inclusion in Halma Group. This strategic move marks the formation of TSI Group, which is comprised of TeDan Surgical Innovations, West Coast Surgical and Axcess Surgical.

Halma, a global group of life-saving technology companies, has successfully acquired TSI Group, laying the foundation for unprecedented opportunities in the neuro, spine and cardiothoracic markets. This collaborative effort underscores the commitment to better support customers by integrating the strengths of all three companies.

"This is an exciting development for TSI Group, supporting our ambitions to expand and develop globally," said Danny Fishman, CEO of TSI Group. "We have been in extensive discussions with Halma, ensuring they are the right home for our business. We are confident that this partnership will not only provide the stability we need, but will also offer the support to accelerate our growth."

The alignment of TSI Group's purpose with Halma's vision became evident during these discussions: both entities share a commitment to improving people's health to foster a safer, cleaner and healthier future for everyone, every day.

Halma's intention to expand the reach of surgical access devices in priority markets sees the addition of TSI Group as an important step forward. Thanks to Halma's extensive network of resources and focus on operational excellence, TSI Group anticipates numerous new opportunities on the horizon.

"We do not anticipate any immediate changes to the way we work with our valued partners, nor any impact on roles. We will continue to offer the fantastic products and services we pride ourselves on," said Danny Fishman.

The merger of TSI Group with Halma marks a pivotal moment for both organizations, creating a synergy that positions TSI Group for sustained success and innovation in the dynamic field of medical technology.

About TSI: TSI is a global leader in surgical access systems with specialization in spine, neuro, orthopedic and cardiothoracic surgery. TSI is at the forefront of innovation in surgical access and instrumentation, recognized by global industry leaders, teaching institutions and medical opinion leaders around the world. The founders of their company, with a combined market experience of more than 75 years, have driven successful initiatives that have resulted in profitable businesses.

About Halma: Halma is a global group of life-saving technology companies focused on creating a safer, cleaner and healthier future for everyone, every day. It employs more than 8,000 people in more than 20 countries, with major operations in the United Kingdom, continental Europe, the United States and Asia Pacific. Halma is listed on the London Stock Exchange (LON: HLMA) and is part of the FTSE 100 index.

For more information: www.tedansurgical.com

Media Contact: bschueler@tedansurgical.com / 1 713-554-1331

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