# Medtronic to acquire China Kanghui Holdings for $816 million

Medtronic Inc agreed to pay $816 million for orthopedic implant maker China Kanghui Holdings Inc to expand its fractures and spinal treatment business in emerging markets.

- Type: Acquisition
- Announced: 2020-05-17
- Where: China
- Value: $816.0M
- Status: announced
- Products: orthopedic implants, spinal implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (acquirer)
- [China Kanghui Holdings Inc](https://endata.com/companies/47290.md) (target)

## Sources

- [healthcare-digital.com](https://healthcare-digital.com/medical-devices-and-pharma/medtronic-inc-acquire-orthopedic-implant-maker-china-kanghui), 2020-05-17: "Kanghui brings Medtronic a broad product portfolio, a strong R&D and manufacturing operation, a vast China distribution network and an exceptional management team."

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