# Zimmer Biomet completes $1.2B acquisition of Paragon 28

Zimmer Biomet has completed the acquisition of Paragon 28 for an enterprise value of approximately $1.2 billion, announced in January 2025. The deal strengthens Zimmer's foot and ankle orthopaedic portfolio.

- Type: Acquisition
- Announced: 2025-04-21
- Where: United States
- Value: $1.20B
- Status: completed
- Products: foot and ankle orthopaedic products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Zimmer Biomet](https://endata.com/companies/30687.md) (acquirer)
- [Paragon 28](https://endata.com/companies/55527.md) (target)

## Sources

- [medicaldevice-network.com](https://www.medicaldevice-network.com/news/zimmer-paragon-28-deal/), 2025-04-22: "Zimmer Biomet has completed the previously announced acquisition of Paragon 28 for an enterprise value of approximately $1.2bn."

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