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Stryker Wraps Up $4 Billion Buyout of Wright Medical

November 13, 2020

Stryker announced that it has completed its $4 billion acquisition of Wright Medical, a global medical device company focused on orthopedics.

Wright Medical specializes in upper extremity (shoulder, elbow, wrist and hand), lower extremity (foot and ankle) and biologics products.

To secure the Federal Trade Commission’s (FTC) approval for the deal, Stryker had to offload certain assets to Maryland-based Colfax, a technology company that makes medical devices and a range of other products.

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