Back in February 2014 we covered the news that Stryker Corporation was to acquire healthcare infrastructure business, Berchtold Holdings in a deal worth $172 million. Now that deal has gone through.
Background
Berchtold’s product portfolio includes surgical tables, equipment booms, and surgical lighting systems geared towards maximizing efficiency and safety in operating rooms and ICUs. Stryker reckons that combining these complementary solutions with its own operating room equipment portfolio creates a comprehensive, quality-focused offering equipped to satisfy a wide range of customer needs around the globe.
The transaction is expected to be neutral to Stryker’s 2014 earnings per share excluding acquisition, integration-related and intangible amortization charges.
The acquisition of Berchtold adds to those of Mako Surgical, Pivot Medical and Patient Safety Technologies, all of which have occurred since last September, making Stryker possibly the most acquisitive of device companies at the present time.
Source: Stryker Corporation
