DePuy Synthes Companies Acquires Olive Medical Corporation

DePuy Synthes Acquires Expanding Innovations, Inc.

July 17, 2026

Medical Devices

DePuy Synthes, the orthopedics division of Johnson & Johnson MedTech, acquired Expanding Innovations, Inc., a commercial-stage medical technology company focused on expandable interbody cage systems for spine surgery. The acquisition adds proprietary non-screw-based expandable cage technology to strengthen DePuy Synthes’ spine implant portfolio in the lumbar fusion market.

Stryker Acquires Vertos Medical Inc.

August 22, 2024

Medical Devices

Stryker has entered into a definitive agreement to acquire Vertos Medical Inc., a privately held company that develops the minimally invasive Mild® procedure for treating lumbar spinal stenosis. The acquisition expands Stryker’s interventional pain management and minimally invasive treatment portfolio and extends its reach into ambulatory surgery centers; the transaction remains subject to customary closing conditions.

EQT Private Equity to Acquire Zeus Company Inc

December 18, 2023

Medical Devices

EQT Private Equity (via its EQT X fund) has entered into an agreement to acquire Zeus Company, Inc., a global leader in advanced polymer components for medical devices, from the Tourville family. EQT plans to support Zeus with investments in production capacity, R&D, and operational improvements to accelerate growth in minimally invasive medical device markets.

Enovis Corporation Acquires LimaCorporate from EQT Private Equity

September 25, 2023

Medical Devices

Enovis Corporation has agreed to acquire LimaCorporate from EQT Private Equity and its co-shareholders in a strategic combination to create a global orthopaedics leader. LimaCorporate, headquartered in San Daniele del Friuli, Italy, is a specialist orthopaedic implant manufacturer (notably in hip, knee and shoulder systems) that reported EUR 249 million in revenue in 2022 and sells products in 49 countries; the transaction is expected to close in early 2024, subject to customary approvals.

Olympus to Acquire Odin Vision

December 20, 2022

Medical Devices

Olympus Corporation has signed a definitive agreement to acquire London-based Odin Vision, a cloud-AI endoscopy company, for up to GBP 66 million in upfront and milestone payments. The purchase is part of Olympus' broader digital strategy to integrate AI-driven detection, diagnostics, and cloud-enabled workflow solutions into its Digital Endosuite to improve clinical decision-making and patient outcomes.

ESAB Corporation Acquires Ohio Medical

October 17, 2022

Medical Devices

ESAB Corporation (NYSE: ESAB) acquired Ohio Medical, LLC, a manufacturer of oxygen regulators and central gas systems, for $127 million in cash. The acquisition, purchased from a private investor group led by Tenex Capital Management, expands ESAB's medical gas control portfolio and is expected to be EPS accretive in the first year while providing cross-selling and global expansion opportunities.