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SMT acquires majority stake in Brazilian medical device firm Zarek · Endata

◂ Announcements

Nov 27, 2019ACQUISITIONBrazil

SMT acquires majority stake in Brazilian medical device firm Zarek

Indian medical devices firm Sahajanand Medical Technologies (SMT) acquired a majority stake in Brazil-based Zarek Distribuidora De Produtos Hospitalares for an undisclosed amount through its Irish subsidiary.

Status

Announced

Productsinterventional cardiology and endovascular productscoronary and peripheral stentsdrug-eluting balloons

CompaniesSahajanand Medical Technologies acquirer Zarek Distribuidora De Produtos Hospitalares target

Sectors#Medical Devices

“The acquisition of Zarek is a step towards creating a direct presence in major markets across the globe.”medicaldevice-network.com

1 source
medicaldevice-network.comIndian stent-maker SMT acquires majority stake in Brazilian firm ZarekPreeti BehuriaNov 27, 2019

Summarized from public sources; check the original articles before acting on it.

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SMT building Asia's largest stent plant in Sultanpur, Telangana
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Jul 13, 2020CONTRACTItaly
SMT wins Italian government tender for 40,000 drug-eluting stents
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