Stryker acquires Memometal Technologies for Nitinol bone staple business for $162M (5 X multiple for a extremities trauma company)
Stryker Announces Definitive Agreement to Acquire Privately-Held Memometal Technologies S.A. for $162 Million (press release)
A Look at the Numbers…
- $150M cash + $12M earnout
- 5 X Sales of $30M in 2010
Memometal Technologies Acquires OrthoGlide Ankle Technology From Advanced Bio-Surfaces, Inc (Feb 2010)
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