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Monthly compilations are available in PDF form.

Year in Review

Merger & Acquisition Activity: 2012 to Date (August 2012)

Please refer to the Orthopaedic Merger and Acquisition Activities database in the Members Area of ORTHOWORLD for activities tracked since 1993.

Completed in 1Q12

Cascade Medical’s orthopaedic assets purchased by Musculoskeletal Transplant Foundation

Platelet-rich plasma and platelet-rich fibrin matrix technologies, to be distributed globally by ConMed Linvatec

Remmele Engineering acquired by RTI International Metals

Transaction valued at $182.5MM

Remmele provides precision machining, engineering and other technologies and services to the medical device sector

RTI supplies titanium mill products and fabricated components

Sandvik Medical purchased by Altor/Orchid Orthopaedics

Sandvik Medical is a contract manufacturer of orthopaedic and dental implants and instruments; posted sales of ~SEK 600MM (~US $90MM) in 2011

Synovis acquired by Baxter

$325MM in cash for shares transaction

Synovis' portfolio includes orthopaedic and wound management products used in reconstructive, orthopaedic and sports medicine applications

Synvasive Technology acquired by Zimmer

Manufacturer of STABLECUT surgical saw blades and eLIBRA Dynamic Knee Balancing System for soft tissue balancing

 

Completed in 2Q12

DePuy’s Trauma business acquired by Biomet

$280MM cash offering

See ORTHOKNOW, 7/12 for full details

Eden Surgical acquired by SurgLine

Via Share Exchange Agreement

Eden distributes trauma products

SurgLine sources and distributes high quality FDA approved medical and surgical products at discount prices

Kensey Nash acquired by Royal DSM

$360MM ($38.50/share) in cash

KNSY provides resorbable biomaterials with application in orthopaedic, sports medicine, spine, trauma, craniomaxillofacial and general surgery

LifeModeler acquired by Smith & Nephew

Provider of biomechanical human body simulation tools

SNN has used LMI’s LifeMOD human simulation tool in developing several key products

Synthes acquisition by Johnson & Johnson completes (See ORTHOKNOW, 7/12.)

 

Completed in 3Q12

Dragonbio Surgical Implant (controlling stake) acquired by Mindray Medical

$35.5MM cash transaction

Dragonbio, provider of joint replacement, trauma and spine products in China, posted 2011 revenue of ~$7.7M

Teleflex Medical OEM orthopaedic business acquired by Tecomet

$45.2MM cash transaction

TFX lines include custom surgical instruments and micro-machined products (plates, screws, rods, etc.)

2011 revenue ~$36MM

Tecomet has a special emphasis on orthopaedic, trauma and spinal implants