M&A Deal Summary

Stryker Acquires Synergetics USA - Neuro Portfolio

On February 10, 2016, Stryker acquired medical products company Synergetics USA - Neuro Portfolio from Synergetics USA

Acquisition Highlights
  • This is Stryker’s 13th transaction in the Medical Products sector.
  • This is Stryker’s 16th transaction in the United States.
  • This is Stryker’s 1st transaction in Montana.

M&A Deal Summary

Date 2016-02-10
Target Synergetics USA - Neuro Portfolio
Sector Medical Products
Buyer(s) Stryker
Sellers(s) Synergetics USA
Deal Type Divestiture

Target

Synergetics USA - Neuro Portfolio

O’Fallon, Montana, United States
Synergetics USA, Inc. - Neuro Portfolio includes the Malis generator, Spetzler Malis disposable forceps.

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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 22 of 48
Sector (Medical Products) 13 of 35
Type (Divestiture) 5 of 6
State (Montana) 1 of 1
Country (United States) 16 of 33
Year (2016) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Sage Products

Cary, Illinois, United States

Sage Products is a provider of infection control and preventative care products to healthcare facilities worldwide.

Buy $2.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-16 Physio-Control

Redmond, Washington, United States

Physio-Control, Inc. develops, manufactures and markets monitors/defibrillators, automated external defibrillators (AEDs) and CPR-assist devices along with data management and support services.

Buy $1.3B

Seller(S) 1

SELLER

Synergetics USA

O’Fallon, Montana, United States

Category Company
Sector Medical Products
Employees373
Revenue 64M USD (2014)
DESCRIPTION

Synergetics USA, Inc. is a provider fo precision surgical devices.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1