Hints and tips:
...S&N is divided into three franchises: one which focuses on sports medicine, trauma and other surgical businesses, a second focused on reconstruction and a third concentrated on advanced wound management....
...While Smith & Nephew is the second biggest in sports medicine and wound care, it is in fourth place in both trauma and implants....
...Two-fifths of revenue comes from sports medicine, another quarter from wound management....
...For Stryker, an S&N deal would propel it to the top rung in hips and knees as well as Sports Medicine. For Medtronic, it would mean diversification away from its traditional focus (spine)....
...The company is also expanding in the newer field of sports medicine — involving minimally invasive surgery and joint repair — and wound care....
...The $1.7bn acquisition of Texas-based ArthroCare last year made S&N the number two supplier of devices for minimally invasive surgery and joint repair — a business known as sports medicine....
...In this process, S&N holds potentially strategic value for certain US companies that have business overlap in large joints, trauma and sports medicine....
...Mr Bohuon said he was looking for more bolt-on deals, but his main focus was organic growth from the burgeoning sports medicine business and emerging markets, where revenues increased 17 per cent last year...
...But Mr Bohuon said the company was committed to cultivating other parts of the business, such as sports medicine and wound care, as well as expanding in emerging markets including Brazil and Turkey....
...We will outperform the market in woundcare, trauma and sports medicine, but will be slightly below the market in orthopaedic reconstruction.”...
...S&N’s operations are split three ways – knee and hip implants, sports medicine and trauma, and wound management. Each has about a third of group revenue of $4.3bn in 2011....
...medicine....
...Smith & Nephew has confirmed Salamander Davoudi’s scoop that the company is in talks to merge with Biomet of the US....
International Edition