Case details

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Merger control
Case reference
CCENT/2010/45 - Stryker Corporation / Boston Scientific Corporation
Acquired
Boston Scientific Corporation
Description
the whole set of Assets relating to Boston Scientific Corporation´s neurovascular business.
Acquiring
Stryker Corporation
Description
the enterprise carries out its business activity throughout the world, in the area of medical technology, producing a range of products such as orthopaedic implants and other medical equipment;
Sector
  • Supply and Food Industry
Activity (NACE)
  • G4690 - Non-specialised wholesale trade
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 2 November 2010, the present merger operation consists of the acquisition, by the Stryker Corporation ("Stryker"), a US company, of sole control of a set of assets corresponding to the whole of the neurovascular business of Boston Scientific Corporation ("BSC Assets"), a business that produces devices for neurovascular surgical operations. These are marketed in Portugal by means of a distribution agreement between Boston Scientific Portugal-Dispositivos Médicos Lda and Corrmedica - Importadora de Material Cirúrgico Lda.
Timeline
2010-12-02
Competition Authority Council adopts a decision of non-opposition to merger 45/2010 - Stryker / Boston Scientific Corporation Assets.
2010-11-10
Publication of the announcement - The Stryker Corporation ("Stryker"), a US company, notifies acquisition of sole control of a set of assets corresponding to the whole of the neurovascular business of Boston Scientific Corporation ("BSC Assets"), a business that produces devices for neurovascular surgical operations. These are marketed in Portugal by means of a distribution agreement between Boston Scientific Portugal-Dispositivos Médicos Lda and Corrmedica - Importadora de Material Cirúrgico Lda.
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