M&A Deal Summary

Stryker Acquires Artelon

On June 3, 2024, Stryker acquired medical products company Artelon

Acquisition Highlights
  • This is Stryker’s 35th transaction in the Medical Products sector.
  • This is Stryker’s 31st transaction in the United States.
  • This is Stryker’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2024-06-03
Target Artelon
Sector Medical Products
Buyer(s) Stryker
Deal Type Add-on Acquisition

Target

Artelon

Sandy Springs, Georgia, United States
Artelon provides soft tissue fixation products for foot and ankle and sports medicine procedures. Artelon was formed in 2013 and is headquartered in Sandy Springs, Georgia.

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Buyer(S) 1

Buyer

Stryker

Kalamazoo, Michigan, United States
Category Company
Founded 1941
Sector Medical Products
Employees52,000
Revenue 20.5B USD (2023)
DESCRIPTION
Stryker's corporate headquarters in Kalamazoo, Michigan.
Stryker's corporate headquarters in Kalamazoo, Michigan.

Stryker is a medical technology company. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties. Stryker was founded in 1941 and is based in Kalamazoo, Michigan.

DEAL STATS #
Overall 46 of 48
Sector (Medical Products) 35 of 35
Type (Add-on Acquisition) 40 of 42
State (Georgia) 2 of 2
Country (United States) 31 of 33
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-18 Serf

Décines-Charpieu, France

Serf is a designer, developer, manufacturer and markets orthopaedic reconstructive devices and dental implants. Serf focuses on restoring mobility, alleviating pain and improving the quality of life for patients. Serf was established in 1973 and is based in Décines-Charpieu, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-12 care.ai

Orlando, Florida, United States

care.ai is a developer of a sensor-based technology designed to predict, prevent, and protect, optimizing the patient and provider experience and ultimately powering more human care. care.ai was founded in 2019 and is based in Orlando, Florida.

Buy -
Mergr

Product

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