Stryker Completes SERF SAS Acquisition

Stryker (NYSE: SYK), a leading global medical technology company, announced today that it has completed the previously announced acquisition of SERF SAS, a France-based joint replacement company, from Menix.

“The acquisition of SERF SAS further strengthens our global portfolio and reinforces our dedication to orthopaedic excellence,” said Katherine Truppi, President of Stryker’s Joint Replacement division. “We welcome the SERF SAS team to Stryker and look forward to working together to help advance product innovation and customer satisfaction.”

With a legacy of over 50 years, SERF SAS is recognized by healthcare professionals worldwide for its innovations in hip implants, including the invention of the original Dual Mobility Cup. This acquisition complements Stryker’s existing presence in France and across Europe as well as its global joint replacement portfolio, allowing Stryker to serve a wider range of patients by strengthening its implant product line.

“The SERF SAS product portfolio is built on a trusted legacy within the orthopaedic industry,” said Mathieu Badard, Vice President and General Manager, Stryker’s Joint Replacement division, Europe. “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.”

About Stryker
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. More information is available at www.stryker.com.

About Menix
Menix comprises cutting-edge technological industries in the orthopaedic (primarily hip and knee) and dental sectors, as well as 3D digital solutions. In the field of orthopaedics, Menix enjoys a leadership position on the dual mobility and first intention stem markets in France.

About SERF SAS
SERF SAS is a French company that develops, manufactures, and sells a range of large joint replacement products on an international basis. Since its founding, SERF SAS has developed numerous innovative concepts, including the invention of the original Dual Mobility Cup. SERF SAS’s main office is based in Décines-Charpieu, France.