M&As this week: Smith & Nephew, Katena Products, TPG Capital

27 October 2017 (Last Updated October 27th, 2017 11:04)

Smith & Nephew Plc is planning to acquire US-based rotator cuff implant system developer Rotation Medical Inc for $125m.

Smith & Nephew Plc is planning to acquire US-based rotator cuff implant system developer Rotation Medical Inc for $125m.

The acquisition will support the UK-based medical devices manufacturer’s existing sports medicine portfolio.

Katena Products Inc has acquired ophthalmic surgical instruments provider Rhein Medical Inc.

The acquisition will expand the Katena’s product portfolio.

Both the acquirer and target companies are based in the US.

“The acquisition supports the international expansion of the US-based medical technology company.”

US-based private equity firm TPG Capital LP plans to acquire orthopaedic implant devices developer Exactech Inc for $625m.

The target company will operate as a privately held company upon completion of the acquisition.

Stryker Corporation plans to acquire French medical device company Vexim SA for €162m ($190.37m).

The acquisition supports the international expansion of the US-based medical technology company.

Investment bank BPI France SA and private equity firm UI Gestion SA have jointly acquired medical equipment company Theradial.

All the entities involved in the acquisition are based in France.