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Slide #97. Stryker Corporation — Berchtold Holding, AG
Stryker Corporation (NYSE:SYK)
Berchtold Holding, AG
Stryker Corporation (NYSE:SYK) announced today a definitive agreement to acquire Berchtold Holding, AG (Berchtold) for an enterprise value of $172 million. Berchtold, a privately held business with operating facilities in Germany and the United States, sells world-class surgical infrastructure equipment.
Stryker is a medical technology company. Co. provides products and services in orthopaedics, medical and surgical, and neurotechnology and spine. Orthopaedics products include implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products and reprocessed and remanufactured medical devices. Neurotechnology and Spine products include neurosurgical, neurovascular, craniomaxillofacial and spinal implant devices.
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Buy (3.22 out of 4)