As the industry continues to develop, the medical device industry seems to have begun to blew the clarion call for mergers and acquisitions. According to analysts, the famous plastic surgery manufacturer Zimmer is most likely to attack in the next few years, launching a merger and acquisition war. In fact, Zimmer has previously announced a merger with another medical device company, Biomet, and thanks to the $14 billion merger, the company will hold $4.7 billion in cash flow, which will also be a series of companies for the next few years. The acquisition provides sufficient ammunition.
As a mature industry, the market for products such as knee implants has become saturated. In January of this year, Zimmer expects the company's revenue growth to remain between 1.5% and 2%, and the combined effect with Biomet will not appear until the end of this year. Therefore, analysts believe that the integration of operations including surgery, sports medicine, limb health or spine health will provide new impetus for the company's growth.
It is estimated that the merger of Zimmer and Biomet will bring up to $8.7 billion in liquidity for the new company, but 45% of the funds are located in overseas markets. According to a SEC filing in February this year, the company will pay up to $1.5 billion in taxes and fees for its $4.4 billion transfer to the US, which is close to 34%.
This does not mean that Zimmer will expand its market influence only through mergers and acquisitions in the next few years. Not long ago, Zimmer just acquired a new anchor artificial prosthetic technology to enrich its shortcomings in the field of prosthetic development and manufacturing. Zimmer currently has extensive cooperation with the US Department of Defense in this area. Previously, the US Defense Logistics Agency had just signed a $380 million cooperation agreement with the company. Zimmer will provide plastic surgery equipment for the US Army, Air Force, Navy, and Marine Corps.
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