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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. Co.'s Orthopaedics products consist of implants used in hip and knee joint replacements and trauma and extremities surgeries. Co.'s MedSurg products include surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices and other medical device products used in a range of medical specialties. Co.'s Neurotechnology and Spine products include neurosurgical, neurovascular, and spinal implant devices.
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Buy (3.28 out of 4)