Add-on Acquisition • Medical Products

Biomet Acquires Interpore Spine

On June 18, 2004, Biomet acquired medical products company Interpore Spine for 280M USD

Acquisition Context
  • This is Biomet’s 2nd transaction in the Medical Products sector.
  • This is Biomet’s largest (disclosed) transaction.
  • This is Biomet’s 2nd transaction in the United States.
  • This is Biomet’s 1st transaction in California.

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M&A Deal Summary

Date June 18, 2004
Target Interpore Spine
Sector Medical Products
Buyer(s) Biomet
Deal Type Add-on Acquisition
Deal Value 280M USD

Target Company

Interpore Spine

Irvine, California, United States
nterpore Spine, Ltd. engages in the manufacturing of healthcare products for orthopedic surgeons.
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Buyer Overview 1

Buyer

Biomet

Warsaw, Indiana, United States

Category Company
Founded 1977
Sector Medical Products
Employees7,500
Revenue 2.7B USD (2013)
DESCRIPTION

Biomet, Inc. is a designs and manufactures orthopedic medical devices and other products used primarily by surgeons and medical specialists, with distribution in over 70 countries and a product portfolio that encompasses orthopedic joint replacement products, dental reconstructive implants, fixation devices, spinal products and other applications.


Deal Context for Buyer #
Overall 2 of 2
Sector: Medical Products 2 of 2
Type: Add-on Acquisition 2 of 2
State: California 1 of 1
Country: United States 2 of 2
Year: 2004 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-31 Implant Innovations

Palm Beach Gardens, Florida, United States

Implant Innovations, Inc. is a manufacturer of dental implants in the United States.

Buy $175M