M&A Deal Summary

OssDsign AB Acquires Sirakoss

On November 3, 2020, OssDsign AB acquired medical products company Sirakoss for 11M USD

Acquisition Highlights
  • This is OssDsign AB’s 1st transaction in the Medical Products sector.
  • This is OssDsign AB’s largest (disclosed) transaction.
  • This is OssDsign AB’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-11-03
Target Sirakoss
Sector Medical Products
Buyer(s) OssDsign AB
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

Sirakoss

Aberdeen, United Kingdom
Sirakoss is a provider of Osteo3 ZP Putty, a nano synthetic bone graft substitute to facilitate bone repair, which recently received 510(k) marketing clearance from the US Food and Drug Administration (FDA). Osteo3 ZP Putty has been designed to provide surgeons with an innovative and easy-to-use product for filling voids during spine and trauma bone grafting procedures. Sirakoss is based in Aberdeen, United Kingdom.

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Buyer(S) 1

Buyer

OssDsign AB

Uppsala, Sweden

Category Company
Sector Medical Products
DESCRIPTION

OssDsign AB is a Swedish Medtech company dedicated to creating regenerative implants for improved healing of bone defects. OssDsign provides neurosurgeons and reconstructive plastic surgeons around the world with an expanding range of innovative implant solutions for improved patient outcomes. OssDsign is based in Uppsala, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1