Greatbatch Renamed Integer Holdings Corporation

Following approval by shareholders, Greatbatch will formally change its name to Integer Holdings Corporation, effective July 1. The company’s common stock will continue to be listed on the New York Stock Exchange, adopting the ticker symbol ITGR.

“The distinctive Integer brand represents a substantially more comprehensive product and service portfolio, combining the expertise and innovation of our legacy Greatbatch and Lake Region Medical brands to deliver holistic, high-quality and value-driven solutions,” said Thomas J. Hook, president and chief executive officer.

The Integer brand will be introduced as part of the company’s offerings on a phased basis over the next several months. Greatbatch Medical, Lake Region Medical and Electrochem will continue to serve as customer-facing brands.

The new brand does not affect the company’s corporate structure. The rights of stockholders holding certificated shares under currently outstanding stock certificates and the number of shares represented by those certificates will remain unchanged. The name change does not affect the validity or transferability of any currently outstanding stock certificates nor will it be necessary for stockholders with certificated shares to surrender any stock certificates they currently hold as a result.

Source: Greatbatch

Greatbatch completed its acquisition of Lake Region Medical in 4Q15, forming a company with annual revenues of ~$1.5 billion (includes non-orthopaedic) and expanding the list of suppliers pursuing nonorganic growth strategies in order to respond to OEM customers’ needs.

Consolidation among suppliers has increased in response to M&A activity at the OEM and provider levels.

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