# Wright Medical Group to acquire Cartiva for $435M

Wright Medical Group N.V. entered into a definitive agreement to acquire Cartiva, Inc., a private orthopaedic medical device company, for $435 million in cash. Cartiva's lead product is a Synthetic Cartilage Implant for treating great toe osteoarthritis.

- Type: Acquisition
- Announced: 2018-08-27
- Where: United States
- Value: $435.0M
- Status: announced
- Products: Synthetic Cartilage Implant
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Wright Medical Group](https://endata.com/companies/29262.md) (acquirer)
- [Cartiva](https://endata.com/companies/33955.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/08/27/1556765/0/en/wright-medical-group-n-v-enters-into-definitive-agreement-to-acquire-cartiva-inc.html), 2018-08-27: "Wright Medical Group N.V. today announced it has entered into a definitive agreement to acquire Cartiva, Inc., a private orthopaedic medical device company focused on treatment of osteoarthritis of the great toe."
- [medtechdive.com](https://www.medtechdive.com/news/wright-medical-acquisition-cartiva/531074/), 2018-08-28: "Wright Medical Group is set to buy orthopedic medical device company Cartiva for $435 million in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.