www.fdanews.com/articles/122626-stryker-to-acquire-ascent
Stryker to Acquire Ascent
November 30, 2009
In a deal expected to close by the end of the year, Stryker has signed an agreement to acquire Ascent Healthcare Solutions, the U.S. market leader in the
reprocessing and remanufacturing of medical devices, for $525 million in cash, Stryker says in a statement. The privately held Ascent has facilities in
Phoenix and Lakeland, Fla., that reprocess cardiovascular, orthopedics, gastroenterology and general surgery devices. It will continue to operate as Ascent
Healthcare Solutions, but it will become a Stryker division operating under the MedSurg group.