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Announced

Medtronic to acquire Medicrea for $201m.

Synopsis

Medtronic, a medical technology services provider, agreed to acquire Medicrea, a medical equipments and devices manufacturer, for $201m. This acquisition would strengthen Medtronic’s position as a global innovator in enabling technologies and solutions for spine surgery. "With scientific progress in understanding sagittal balance and spinal injury, combined with the advent of new digital technologies, it is now possible to offer spinal patients entirely customized implants. We are thrilled to be joining forces with Medtronic because we share a similar mission to restore the long-term quality of life for patients. Now, together, we can help more patients in more places benefit from consistently high-quality surgical care,” Denys Sournac, Medicrea Founder, Chairman and CEO.

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