# 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.

- Type: Acquisition
- Announced: 2019-11-27
- Where: Brazil
- Status: announced
- Products: interventional cardiology and endovascular products, coronary and peripheral stents, drug-eluting balloons
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Sahajanand Medical Technologies](https://endata.com/companies/27858.md) (acquirer)
- [Zarek Distribuidora De Produtos Hospitalares](https://endata.com/companies/43559.md) (target)

## Sources

- [medicaldevice-network.com](https://www.medicaldevice-network.com/news/smt-majority-stake-zarek/), 2019-11-27: "The acquisition of Zarek is a step towards creating a direct presence in major markets across the globe."

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