Olympus Latin America has acquired Sur Medical SpA to establish direct operations in the Chilean medical technology market, enhancing its distribution and customer service capabilities.

Information on the Target

Olympus Latin America (OLA), a subsidiary of the renowned global medical technology company Olympus Corporation, has successfully finalized the acquisition of Sur Medical SpA (Surmedical), which has served as the distribution partner for Olympus products in Chile since 2013. This acquisition allows Olympus to establish a direct presence in the Chilean medical technology market via a newly formed subsidiary, Olympus Corporation Chile. This strategic move is designed to facilitate more efficient distribution of Olympus products and services, thereby better addressing the evolving needs of healthcare providers and patients in the region.

Surmedical has been a prominent medical equipment distributor in Chile for over a decade, contributing significantly to Olympus' leadership in the critical gastrointestinal sector. The company has successfully secured a market-leading position for Olympus endotherapy products and has developed a trusted repair service for medical devices, establishing a solid foundation for Olympus’ ongoing success in Chile.

Industry Overview in Chile

The healthcare industry in Chile has been experiencing significant growth, driven by an increasing demand for advanced medical technologies and services. With a robust economy and a strong focus on improving healthcare infrastructure, Chile prese