Medical Devices: the 3 most important mergers in the sector
19/10/2020
Diego Gutiérrez
Medical Devices: the 3 most important mergers in the sector

The market for medical devices is a mature market: the M&A transactions and acquisitions emissions increased significantly in 2014 and indicate that they will continue to grow in 2019 and beyond. 

Baker Tilly analyse what are the three M&A transactions most important in the market. But before that, the sector is explained. Medical devices refers to any instrument, apparatus, implement, machine, implant... Medical devices are essential for the safe and effective prevention, diagnosis, treatment and rehabilitation of diseases and ailments. 

Major mergers in the Medical Devices sector

1. Essilor and Luxottica Group 

Major mergers in the Medical Devices sector

The company Essilor is a leading French innovator and manufacturer of the world's most advanced lenses, providing products and services to meet vision needs. Essilor acquired the company Luxxottica Group owner of Ray-Ban sunglasses for the first time.  

49 billion euros. In this way, they have created a giant in the optical industry with combined sales of 15 billion euros in the first year of the merger alone. 

 Medtronic and Covidien 

Medtronic

The US company Medtronic a global leader in medical devices, acquired Covidiena provider of surgical and monitoring products, in a cash and stock transaction valued at $42.9 million. This gives Medtronic a more complete product portfolio, a diversified growth profile and broad geographic reach in more than 150 countries. 

 3. Stryker and Sage Products 

Stryker

Stryker Corporation is a US multinational medical technology company: implants, surgical equipment and surgical navigation systems, as well as other medical device products used in a variety of medical specialties. Stryker Corporation acquired Sage Products, for USD 2.775 billion. 

Sage Products   develops, manufactures and distributes disposable products aimed at reducing adverse events, primarily in the intensive care unit and in the medical or surgical hospital unit environment. The acquisition is made to offer products and services that support a prevention mindset, specifically in the area of never events (hospital-acquired infections). 

Lastest news

Latest transactions in the Consumer Software sector

El sector del Consumer software ha experimentado recientemente una dinámica oleada de adquisiciones que pone de relieve su evolución hacia la mejora de la participación de los usuarios y la ampliación de los servicios digitales. Entre las operaciones más destacadas...

Latest transactions in the Industrial Tech sector

El sector de la tecnología industrial ha sido testigo de una oleada de transacciones estratégicas en los últimos meses, señal de una rápida evolución y expansión. Entre las operaciones más destacadas, Bosch Energy and Building Solutions adquirió DMS Ettlingen para...

Do you want to sell or buy a company?

We are experts in M&A transactions in the technology sector.

Subscribe to our newsletter

Request for information

If you want to buy or sell a company, or need more information about our services, do not hesitate to contact us through the form.

Or if you prefer, call us at:

+34 946 42 41 42