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Zimmer Biomet announces $1.2 billion acquisition of Paragon 28 to enhance its orthopedic portfolio.

Zimmer Biomet to Acquire Paragon 28 in $1.2 Billion Deal to Expand Orthopedic Portfolio

Overview On 28th January 2025, Zimmer Biomet Holdings, Inc., a leading global medical technology company, has announced a definitive agreement to acquire Paragon 28, Inc., a specialist in foot and ankle orthopedic devices, in a $1.2 billion transaction. The acquisition will be executed through an upfront cash payment of $13.00 per share, representing an equity…

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