Stryker announces definitive agreement for the sale of its U.S. spinal implants business and plans to sell related international business

Stryker Corporation has announced a definitive agreement to sell its U.S. spinal implants business to Viscogliosi Brothers, LLC, an investment firm specializing in the neuro-musculoskeletal sector. This transaction will establish a new company named VB Spine, LLC.

Post-transaction, VB Spine will become a strategic partner to Stryker, gaining exclusive access to Mako Spine and Copilot technologies for use with its implants in spinal procedures. The deal aims to enhance focus for both companies, potentially leading to accelerated growth and increased value for stakeholders.

The agreement also includes a binding offer to acquire Stryker’s spinal implants business in France, subject to necessary employee consultations. Plans are underway to sell related international operations, pending legal and regulatory approvals. The U.S. transaction is expected to close in the first half of 2025, subject to customary closing conditions.

Barings, LLC will serve as an investor and financial partner to Viscogliosi Brothers in this transaction.

References:

Stryker announces definitive agreement for the sale of its U.S. spinal implants business and plans to sell related international business. (2025, January 28). GlobeNewswire News Room. https://www.globenewswire.com/news-release/2025/01/28/3016759/0/en/Stryker-announces-definitive-agreement-for-the-sale-of-its-U-S-spinal-implants-business-and-plans-to-sell-related-international-business.html

Corporation, S., & StockTitan. (2025, January 28). Major Shakeup in Medical Device Industry: Stryker Exits Spinal Market with Innovative Tech Partnership. StockTitan. https://www.stocktitan.net/news/SYK/stryker-announces-definitive-agreement-for-the-sale-of-its-u-s-ye61qe2d7ejb.html

Stryker to Sell Spinal Implants Business to Viscogliosi Brothers. (2025, January 28). MarketWatch. https://www.marketwatch.com/story/stryker-to-sell-spinal-implants-business-to-viscogliosi-brothers-3fe4dc5f?mod=markets

Stryker announces definitive agreement for the sale of its U.S. spinal implants business and plans to sell related international business. (2025, January 28). Stryker (company site). https://investors.stryker.com/press-releases/news-details/2025/Stryker-announces-definitive-agreement-for-the-sale-of-its-U.S.-spinal-implants-business-and-plans-to-sell-related-international-business/default.aspx

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