M&A Deal Summary

Stryker Acquires Wright Medical Group N.V.

On November 4, 2019, Stryker acquired medical products company Wright Medical Group N.V. for 5.4B USD

Acquisition Highlights
  • This is Stryker’s 30th transaction in the Medical Products sector.
  • This is Stryker’s largest (disclosed) transaction.
  • This is Stryker’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-11-04
Target Wright Medical Group N.V.
Sector Medical Products
Buyer(s) Stryker
Deal Type Add-on Acquisition
Deal Value 5.4B USD

Target

Wright Medical Group N.V.

Amsterdam, Netherlands
Wright Medical Group N.V. is a medical device company focused on extremities and biologics. Wright Medical Group was founded in 1950 and is based in Amsterdam, Netherlands.

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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 40 of 48
Sector (Medical Products) 30 of 35
Type (Add-on Acquisition) 34 of 42
Country (Netherlands) 1 of 1
Year (2019) 5 of 6
Size (of disclosed) 1 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Mobius Imaging

Shirley, Massachusetts, United States

Mobius Imaging LLC is focused on integrating advanced imaging technologies into the medical workflow, which can enhance a clinician’s ability to obtain high-quality images. Its Airo TruCT scanner is a best-in-class mobile, real-time, diagnostic-quality CT imaging system. Cardan Robotics, founded in 2015, is working to develop innovative robotics and navigation technology systems for surgical and interventional radiology procedures.

Buy $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-01 Zipline Medical

Campbell, California, United States

Zipline Medical has developed skin closure products to help remove and eliminate skin puncture during non-invasive surgery. Zipline Medical is headquartered in Campbell, California.

Buy -