Stryker have forked out just under $1.3 billion on the acquisition of Physio – Control International.
Physio-Control are an international market leader in emergency medical response equipment. The move is set to further accelerate Stryker’s position in the medical emergency device arena across the UK and Europe. Physio-Control specialise in defibrillators for the critical medical device treatment of cardiac arrests; one of the biggest killers in the US and Europe.
Increase in Stryker Sales Forecast
Stryker are already enjoying an increase in their sale profit forecasts and company shares. They expect this latest buy to contribute to a further share increase by up to 18 cents a share within the next 2 years.
The effects of mergers on the job market itself are always shaky. Stryker are one of our biggest clients and we aim to spot job market trends off the back of mergers and buy outs to provide a consultative service to our clients and candidates alike.
What are your thoughts on the move and will there be any implications for your day to day?
We’d love to hear your thoughts!
Nicola Lawler, Head of Marketing at Projectus Consulting