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Zimmer Biomet completes acquisition of Paragon 28

PUBLIC · ZBHApr 21, 2025

Acquiring Company

Zimmer

Acquired Company

Paragon 28

WarsawEnglewoodManufacturingInformation TechnologyBiotechnologyHealth CareArtificial IntelligenceMedicalMedical Devicemedical devicesManufacturing

Description

Zimmer Biomet Holdings, Inc. has completed the acquisition of Paragon 28, Inc., enhancing its position in the foot and ankle orthopedic market. As a result of this acquisition, Paragon 28 becomes a wholly-owned subsidiary of Zimmer Biomet. The deal includes cash payments and contingent value rights for Paragon 28 shareholders. Paragon 28 shares will cease trading on the New York Stock Exchange.

Company Information

Company

Zimmer

Location

Warsaw, Indiana, United States

About

Zimmer, Inc. is a subsidiary of Zimmer Biomet Holdings, Inc., specializing in orthopedic reconstructive products and related services. The company focuses on providing solutions for musculoskeletal health and enhancing patient care. With a commitment to innovation, Zimmer, Inc. delivers advanced surgical tools and devices.

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Frequently asked

Who acquired Paragon 28?

Paragon 28 was acquired by Zimmer, based in Warsaw. The deal was reported on April 21, 2025. Zimmer, Inc. is a subsidiary of Zimmer Biomet Holdings, Inc., specializing in orthopedic reconstructive products and related services. Zimmer is publicly traded (ZBH) and operates in Manufacturing.

When did Zimmer acquire Paragon 28?

Zimmer's acquisition of Paragon 28 was reported on April 21, 2025. Zimmer Biomet Holdings, Inc. has completed the acquisition of Paragon 28, Inc., enhancing its position in the foot and ankle orthopedic market. As a result of this acquisition, Paragon 28 becomes a wholly-owned subsidiary of Zimmer Biomet. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Paragon 28 do?

Based in Englewood, Colo., Paragon 28, is a leading medical device company exclusively focused on the foot and ankle orthopedic market and is dedicated to improving patient lives. It is privately held, operating in Manufacturing, and is based in Englewood.

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