Deal Brief, Medical Device
Symmetry Medical closes acquisition of Codman & Shurtleff’s surgical instruments business
Symmetry Medical (NYSE:SMA) announced on December 29th that it had acquired the surgical instruments business from Codman and Shurtleff, a Johnson & Johnson company. The transaction was done for $165.7 million in cash. The Codman & Shurtleff product line will be incorporated into Symmetry’s hospital-direct business unit.