Stryker Offers to Buy Trauson Holdings in China for $764M Featured

Written by  Heather Linder | Thursday, 17 January 2013 17:59
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Stryker has offered to buy Trauson Holdings in China for $764 million in cash, according to Bloomberg.
Trauson is China's largest manufacturer of pelvic reconstruction plates and trauma surgery products, according to the report. It is also the third largest distributor of spine devices.

If it goes through, the acquisition would give Stryker a foothold in the Chinese orthopedic market, which is expected to be worth $2.7 billion by 2015.

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