Serf entered into exclusive negotiations to acquire Knee prosthesis business from Implanet S.A. for ?5.5 million on September 23, 2021. Knee prosthesis business generated revenue of ?2.1 million in 2020. The transaction is subject to a number of conditions such as the carrying out of audits (financial, technical and regulatory), an agreement regarding the documentation and the approval of certain third parties (financial and commercial). The transaction is expected to take place before the end of the final quarter of 2021.