Zimmer Biomet

    [td_text_with_title custom_title=”Zimmer Biomet”]Founded in 1927 and headquartered in Warsaw, Indiana, USA, Zimmer Biomet is a global leader in musculoskeletal healthcare. Zimmer Biomet design, manufacture and market orthopaedic reconstructive products; sports medicine, biologics, extremities and trauma products; spine, bone healing, craniomaxillofacial and thoracic products; dental implants; and related surgical products.

    Zimmer Biomet collaborate with healthcare professionals around the globe to advance the pace of innovation. Their products and solutions help treat patients suffering from disorders of, or injuries to, bones, joints or supporting soft tissues. Together with healthcare professionals, they help millions of people live better lives.[/td_text_with_title]

    [td_text_with_title custom_title=”Latest post”]
    Zimmer Biomet

    Zimmer Announces Agreements in Furtherance of Pending Biomet Merger

    WARSAW, Ind., May 28, 2015 /PRNewswire/ — Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer”) announced today that it has finalized agreements with buyers to divest in the United States certain Zimmer® Unicompartmental High-Flex Knee System assets, Biomet Discovery® Elbow System assets and Cobalt™ bone cement assets.  These divestiture agreements are in furtherance of Zimmer’s […]

    Zimmer Holding - Biomet Inc  merger

    Zimmer Holdings, Inc. to Combine with Biomet, Inc. in Transaction Valued at $13.35 Billion

    Zimmer Holdings, Inc. to Combine with Biomet, Inc. in Transaction Valued at $13.35 Billion • Creates Leading Musculoskeletal Innovator to Shape Solutions for Evolving Healthcare Industry • Double-Digit Accretion to Zimmer’s Adjusted Diluted Earnings Per Share in First Year • Zimmer to Host Conference Call at 8:00 AM ET Today (WARSAW, IN) April 24, 2014 […]

    [/td_text_with_title][td_text_with_title custom_title=”From Wikipedia”]

    Zimmer Biomet (NYSEZBH) is a publicly traded medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

    In 2001 Zimmer was spun off from Bristol-Myers Squibb and began trading on the New York Stock Exchange, on August 7, under the ticker symbol “ZMH”. In November 2011, the Company acquired ExtraOrtho, Inc. (ExtraOrtho). In January 2012, the Company acquired Reno, Nevada-based Synvasive Technology, Inc. On June 29, 2015, the company changed the ticker symbol to "ZBH" to reflect its acquisition of Biomet.

    The Justin Zimmer House in Warsaw is listed on the National Register of Historic Places.

    On 12 January 2017, Zimmer Biomet announced a resolution with the DOJ and the SEC in which they agreed to pay a fine of approximately $30.5 million, an amount which would not affect their 2017 outlook.[2][3]


    Zimmer designs, develops, manufactures and markets orthopaedics products, including knee, hip, shoulder, elbow, foot and ankle artificial joints and dental prostheses. Zimmer has operations in more than 25 countries around the world (US, Australia, Austria, Belgium, Canada, China, Czech Republic, Finland, France, Germany, India, Ireland, Israel, Italy, Japan, Latin America, Netherlands, Brasil, Poland, Portugal, Russia, South Africa, Spain etc.) and sells products in more than 100 countries.[4]


    Exton, PA office

    On 24 April 2014, it was announced that Zimmer had agreed to purchase Biomet Inc. for $13.4 billion.[5] In October 2014 however, it was announced that the EU’s antitrust regulators had opened an extensive investigation into Zimmer’s bid for Biomet due to concern that it would substantially lessen competition in certain markets. A decision was announced to be made on 16 February 2015.[6]and on June 24, 2015, Zimmer completed its acquisition of Biomet forming Zimmer Biomet Holdings.

    In October 2014, the company announced it would acquire ETEX Holdings, Inc..[7]

    In March 2016 Zimmer Biomet announced it would acquire Ortho Transmission, LLC.[8] Zimmer also announced it would acquire sports medicine company, Cayenne Medical, Inc.[9] Later in the same year the company acquired medical device manufacturer, LDR Holding Corporation for $37 per share ($1 billion in total), merging it into their Spine division.[10] In August, the company announced it was acquiring Delaware-based CD Diagnostics, a diagnostics company developing immunoassays and biomarker testing.[11] In September, Zimmer announced the acquisition of Clinical Graphics, B.V..[12]

    Acquisition history

    The following is an illustration of the company's major mergers, acquisitions and historical predecessors:

    Zimmer Biomet

    Zimmer, Inc


    Centerpulse AG[13]
    (Acq 2003)

    InCentive Capital AG[13]
    (Acq 2003)

    ORTHOsoft Inc[14]
    (Acq 2007)

    Medizin-Technik GmbH[15]
    (Acq 2013)

    Knee Creations, LLC[16]
    (Acq 2013)

    ETEX Holdings, Inc[17]
    (Acq 2014)

    Biomet, Inc[19]

    Merck KGaA[18]
    (Mercks interest in Biomet Merck Joint Venture, Acq 2004
    renamed Biomet Europe Group)

    Innovations, Inc[18]
    (Acq 1999)

    Kirschner Medical Corporation[18]
    (Acq 1994)

    W. Lorenz Surgical, Inc[18]

    Arrow Surgical Technologies[18]
    (Acq 1990, renamed Biomet Sports Medicine)

    Electro-Biology, Inc[18]
    (Acq 1988)

    Orthopaedic Equipment Company[18]
    (Acq 1984)

    Ortho Transmission, LLC
    (Acq 2016)

    Cayenne Medical, Inc.
    (Acq 2016)

    LDR Holding Corporation
    (Acq 2016)

    CD Diagnostics
    (Acq 2016)

    Clinical Graphics, B.V.
    (Acq 2016)

    Company data

    Zimmer's 2016 sales were approximately $7.684 billion. The company is supported by the efforts of approximately 18,500 employees worldwide.[1]


    • David C. Dvorak, was President and CEO[20] from May 1, 2007 to July 11, 2017.
    • Dan Florin, Interim President and CEO from July 11, 2017 to December 19, 2017.
    • Bryan C. Hanson, President and CEO from December 19, 2017 to present.


    1. ^ a b c http://investor.zimmerbiomet.com/~/media/Files/Z/ZimmerBiomet-IR/documents/annual-reports/zbh-2016-annual-report-final-with-bookmarks.pdf
    2. ^ "BRIEF-Zimmer Biomet announces resolution with DOJ, SEC". Reuters. 12 January 2017. Retrieved 12 January 2017. 
    3. ^ "Zimmer Biomet Announces Resolution with DOJ and SEC Regarding Previously Disclosed Legacy Biomet FCPA Matters". Retrieved 12 January 2017. 
    4. ^ Simon, Hermann, Hidden Champions of the 21st Century: Success Strategies of unknown World Market Leaders, London: Springer, 2009, ISBN 978-0-387-98147-5
    5. ^ Michelle Fay Cortez. "Zimmer to Buy Biomet for $13.4 Billion Adding Orthopedics". Bloomberg.com (paywall). 
    6. ^ "EU regulators open extensive probe into Zimmer, Biomet deal" (Press release). Reuters. 3 October 2014. 
    7. ^ "Zimmer Acquires ETEX Holdings, Inc". investor.zimmerbiomet.com. 
    8. ^ "Zimmer Biomet Acquires Ortho Transmission, LLC and Assets for Pioneering Technology to Restore Limb Amputee Patients". investor.zimmerbiomet.com. 
    9. ^ "Zimmer Biomet Completes Acquisition of Cayenne Medical". investor.zimmerbiomet.com. 
    10. ^ "Zimmer Biomet To Acquire LDR To Enhance Innovation And Growth Of Spine Business". investor.zimmerbiomet.com. 
    11. ^ "Zimmer Biomet Strengthens Musculoskeletal Diagnostic Offering with Acquisition of CD Diagnostics". investor.zimmerbiomet.com. 
    12. ^ "Zimmer Biomet Adds 3D Range-of-Motion Simulation Capability with Strategic Acquisition of Clinical Graphics". investor.zimmerbiomet.com. 
    13. ^ a b "Zimmer Biomet -- Zimmer Launches Offers to Acquire Centerpulse AG and InCentive Capital AG". zimmerbiomet.com. 
    14. ^ "Zimmer Biomet -- Zimmer's Offer To Acquire ORTHOsoft Is Successful". zimmerbiomet.com. 
    15. ^ "Zimmer Biomet -- Zimmer Acquires NORMED Medizin-Technik GmbH". zimmerbiomet.com. 
    16. ^ "Zimmer Biomet -- Zimmer Acquires Knee Creations, LLC's Business". zimmerbiomet.com. 
    17. ^ "Zimmer Biomet -- Zimmer Acquires ETEX Holdings, Inc". zimmerbiomet.com. 
    18. ^ a b c d e f g "Biomet UK - History of Biomet - A Heritage of Excellence". biomet.co.uk. 
    19. ^ "Zimmer Biomet -- Zimmer Completes Combination with Biomet". zimmerbiomet.com. 
    20. ^ "Zimmer Biomet Leadership Team". 

    External links

    source: https://en.wikipedia.org/wiki/Zimmer_Biomet[/td_text_with_title]