Medtronic to Acquire Medicrea

7/20/2020

Medtronic plc, a major, $28.9b medical device maker of cardiovascular, orthopedic, spinal and other surgical devices, is buying Medicrea, a France-based developer of patient-specific, 3D-printed titanium spinal implants and related workflow software that helps surgeons use predictive modeling to digitally reconstruct a patient’s spine profile. The deal complements Medtronic’s recent $1.6b acquisition of robotic spinal surgery guidance system developer Mazor Robotics and purchase of spinal interbody implant maker Titan Spine.  Deal price -- $134.6m on $36.7m of sales (3.6x).

 

 

Keywords: Healthcare Investment Banking, Healthcare M&A, Healthcare mergers, Medical Devices, Spine, 3D Printing, Orthopedic