Zimmer Biomet to acquire Embody for up to $275 million

Zimmer Biomet has reached a definitive agreement to acquire Embody, a medical device company focused on soft tissue healing, for $155 million at closing plus up to $120 million in milestone payments. The acquisition strengthens Zimmer Biomet's sports medicine portfolio.

“The planned acquisition of Embody is an important step in the ongoing transformation of ZB and the execution of our strategic priority to increase long-term growth and drive value creation.”investor.zimmerbiomet.com

• 2 sources
• investor.zimmerbiomet.comZimmer Biomet to Acquire Embody, Inc. – Zimmer BiometJan 5, 2023
• prnewswire.comZimmer Biomet to Acquire Embody, Inc.Zimmer Biomet Holdings, Inc.Jan 5, 2023

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