Ropes & Gray Advises Wright Medical Group on Sale Completion to Stryker Corp.
Ropes & Gray advised Wright Medical Group N.V. on its sale to Stryker Corp., which closed on November 11 following Wright Medical shareholders tendering 96% of outstanding ordinary shares of Wright Medical and a subsequent series of mergers for Stryker to gain 100% control.
Wright Medical, now a wholly owned subsidiary of Stryker, brought a highly complementary product portfolio and customer base.
Wright Medical is a global medical device company focused on extremities and biologics products. Kalamazoo, Mich.-based Stryker, one of the world’s leading medical technology companies, offers innovative products and services in orthopedics, medical and surgical, neurotechnology and spine that help improve patient and hospital outcomes.
The Ropes & Gray team advising Wright Medical was led by mergers & acquisitions partners Zachary Blume (Boston) and Paul Kinsella, and included litigation & enforcement partners Michael McFalls and Jonathan Klarfeld (both of Washington, D.C.), Ruchit Patel (London), Randy Bodner (Boston), Martin Crisp (New York), tax partner Lee Allison (New York), benefits partner Loretta Richard (Boston) and capital markets partner Thomas Holden (San Francisco).