Kalamazoo, Michigan - Stryker Corporation (NYSE:SYK) announced today the successful completion of its previously announced voluntary general offer to acquire Trauson Holdings Company Limited (Trauson). Trauson is the leading trauma manufacturer in China and a major competitor in the spine segment.
"With the acquisition of Trauson, we are well positioned to broaden our presence in China and to expand into the fast growing value segment of the emerging markets. We look forward to building on the company's long history of success," said Kevin A. Lobo, President and Chief Executive Officer.
As indicated in the January 17, 2013 press release, the transaction is expected to be neutral to Stryker's 2013 earnings per share excluding acquisition and integration-related charges.