Mahwah-based Stryker, a medical technology company, completed its acquisition of France-based Serf SaS, according to a Thursday news release.
Plans for the acquisition were announced in December. Serf SaS is a hip implant company and is behind the Dual Mobility Cup.
“The acquisition of Serf SaS further strengthens our global portfolio and reinforces our dedication to orthopedic excellence,” Katherine Truppi, president of Stryker’s Joint Replacement Division, said. “We welcome the Serf SaS team to Stryker and look forward to working together to help advance product innovation and customer satisfaction.”
Terms of the acquisition were not announced.
“The Serf SaS product portfolio is built on a trusted legacy within the orthopedic industry,” Mathieu Badard, vice president and general manager, Stryker’s Joint Replacement Division, Europe, said. “We are thrilled to combine our best-in-class product portfolios and work together to expand our presence within Europe and increase patient access to differentiated products for joint replacement.”
