M&A Deal Summary

Stryker Acquires SafeAir AG

On June 25, 2018, Stryker acquired medical products company SafeAir AG

Acquisition Highlights
  • This is Stryker’s 23rd transaction in the Medical Products sector.
  • This is Stryker’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2018-06-25
Target SafeAir AG
Sector Medical Products
Buyer(s) Stryker
Deal Type Add-on Acquisition

Target

SafeAir AG

Root Längenbold, Switzerland
SafeAir AG is a Swiss medical device company dedicated to the design, development and manufacture of innovative surgical smoke evacuation solutions. The company's smoke evacuation products help reduce staff and patient exposure to hazards associated with surgical smoke.

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Buyer(S) 1

Buyer

Stryker

Portage, Michigan, United States

Category Company
Founded 1941
Sector Medical Products
Employees52,000
Revenue 22.6B USD (2024)
DESCRIPTION
Stryker's headquarters in Portage, Michigan.
Stryker's headquarters in Portage, Michigan.

Stryker is a medical technology company that offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics including implants, surgical equipment, and surgical navigation systems, endoscopic and communications systems, patient handling and emergency medical equipment, neurosurgical, neurovascular and spinal devices. Stryker was founded in 1941 and is based in Portage, Michigan.


DEAL STATS #
Overall 33 of 49
Sector: Medical Products M&A 23 of 36
Type: Add-on Acquisition M&A Deals 27 of 43
Country: Switzerland M&A 1 of 1
Year: 2018 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-07 Entellus Medical

Plymouth, Minnesota, United States

Entellus Medical, Inc. is a high-growth global medical technology company focused on delivering superior patient and physician experiences through products designed for the minimally invasive treatment of various ear, nose and throat (ENT) disease states. Company has a broad portfolio of ENT products, including the XprESS® Multi-Sinus Dilation System and the LATERA® Absorbable Nasal Implant. Founded in 2006, and headquartered in Plymouth, Minnesota.

Buy $662M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-30 K2M

Leesburg, Virginia, United States

K2M is a spinal device company committed to the research, development, and commercialization of simplified solutions for the treatment of complex spinal pathologies and minimally invasive procedures. K2M is based in Leesburg, Virginia.

Buy $1.4B