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Zimmer Biomet Buys Sternal Closure Company A&E Medical

 
• By Reed Miller

The $250m deal adds A&E Medical’s sternal sutures, cable systems, and rigid fixation systems to Zimmer Biomet’s Dental, Spine & Craniomaxillofacial and Thoracic business.

3D illustration of Sternum
• Source: shutterstock.com

Zimmer Biomet has completed the acquisition of A&E Medical Corp. for $150m in cash, plus $100m payable in 2021, the companies announced on 2 December.

New Jersey-based A&E Medical manufactures devices to close the sternum following thoracic surgery, including wire sutures and rigid fixation systems,...

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