Powered by

Stryker broadens medtech offerings with Berchtold buy

Feb 18, 2014 - The Deal Pipeline

Medical device maker Stryker Corp. is fortifying its medical-surgical offerings by purchasing surgical equipment company Berchtold Holding AG for $172 million.

Privately held Berchtold, based in Germany with a U.S. arm in Charleston, S.C., has been in operation for 80 years offering surgical tables, equipment booms, lighting systems and surgery safety equipment. It had $125 million in 2013 sales. Berchtold has operations in more than 12 countries, including Brazil, China and India, and cus...