Mergers and Acquisitions

Stryker Corporation in its acquisition of NOVADAQ Technologies Inc.

Stryker Corporation
Key Contact
Jeremy Fraiberg

Partner, Corporate, Toronto

Team
Alex Gorka

Partner, Corporate, Toronto

Firoz Ahmed

Partner, Tax, Toronto

Dov Begun

Partner, Tax, Toronto

Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto

Jonathan Marin

Partner, Pensions and Benefits, Toronto

On September 1, 2017, Stryker Corporation completed the acquisition of NOVADAQ Technologies Inc. for US$701 million. NOVADAQ’S innovative fluorescence imaging technology will expand Stryker’s product offerings into open and plastic reconstructive surgery.

Stryker Corporation is one of the world’s leading medical technology companies. Stryker offers a diverse array of innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes and is active in over 100 countries.

NOVADAQ is a leading developer of fluorescence imaging technology that provides surgeons with visualization of blood flow in vessels, and related tissue perfusion in cardiac, cardiovascular, gastrointestinal, plastic, microsurgical, and reconstructive procedures.

Osler, Hoskin & Harcourt LLP represented Stryker with a team consisting of Jeremy Fraiberg and Alex Gorka (Corporate), Firoz Ahmed and Dov Begun (Tax), Shuli Rodal and Jaime Auron (Competition), Daniel Wong (Employment), Jon Marin (Pensions and Benefits).

Value
US$701 million
Date Closed
September 1, 2017
Lead Office
Toronto
Key Contact
Jeremy Fraiberg

Partner, Corporate, Toronto

Team
Alex Gorka

Partner, Corporate, Toronto

Firoz Ahmed

Partner, Tax, Toronto

Dov Begun

Partner, Tax, Toronto

Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto

Jonathan Marin

Partner, Pensions and Benefits, Toronto