Issue: May 2016
April 29, 2016
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Stryker acquires Stanmore Implants Worldwide Limited
Issue: May 2016
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Stryker announced in a company press release that it has acquired Stanmore Implants Worldwide Limited from SIW Holdings Limited. The company was acquired in an all cash transaction for 35.6 million pounds.
The portfolio for Stanmore Implants includes patient-specific and off-the-shelf implant systems for limb salvage procedures.
“The acquisition of Stanmore Implants provides Stryker with differentiated technologies designed to provide the most effective solutions for orthopedic oncology surgeons,” David Floyd, group president of Stryker Orthopaedics, said in the release. “This addition underscores Stryker’s commitment to our core joint replacement business and expands our presence in the global orthopedic oncology market.”
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