Stryker Completes Acquisition of Ascent Healthcare Solutions
Published: Jan 04, 2010
KALAMAZOO, Mich., Dec. 31 /PRNewswire-FirstCall/ -- Stryker Corporation today announced the closing of its previously announced acquisition of Ascent Healthcare Solutions, the market leader in the reprocessing and remanufacturing of medical devices in the U.S.
As indicated in the November 30, 2009 press release, Ascent will become a division of Stryker operating under the MedSurg group of businesses and will continue to be known as Ascent Healthcare Solutions. The transaction is expected to be neutral to Stryker's 2010 earnings per share and accretive thereafter.