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Stryker's Deal For Spine Device Maker Vexim Rounds Up Ortho M&A Trilogy

 
• By Catherine Longworth

It's been a busy week for ortho M&A activity, with three key sector players cutting deals. Smith & Nephew's agreement to buy Rotation Medical kick-started the week, then two more deals followed in succession, with Exactech announcing it was to be acquired by private equity firm TPG Capital and Stryker saying it will acquire a majority control of Vexim, a French spinal device maker.

It's been a busy week for M&A in the orthopedics space, with the announcement of three strategic deals in succession.

The most recent transaction came on Oct. 24, when Stryker Corp. announced it was acquiring French spinal device maker Vexim, in a deal that gave the latter an enterprise...

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