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Zimmer acquires Paragon 28 in $1.2bn deal

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Summary
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Zimmer Biomet has completed the acquisition of Paragon 28 for an enterprise value of approximately $ 1.2bn .

The transaction creates a dedicated sales channel for the foot and ankle products within the company, utilising the sales organisation.

The completion of the acquisition occurred yesterday ( 21 April ), following the agreement and plan of merger established in January 2025 .