Stryker completes acquisition of mfPHD

Flower Mound, Texas, USA – April 30, 2024

Stryker (NYSE: SYK), a global leader in medical technologies, announced today that it has completed the acquisition of mfPHD, a leader in modular stainless steel wall systems for hospitals and ambulatory surgery centers. Stryker will now be the provider of Fortress, a modular wall system that consolidates construction timelines, allowing for earlier operating room utilization as well as expedited room repair or modification when disruptive events occur. This acquisition allows for innovative product development opportunities to build out an ecosystem of embedded technologies delivering data and analytics for an intelligent operating room, minimizing downtime and costly renovations.

"mfPHD aligns with Stryker’s enterprise strategic plans of expanding our core offering while emphasizing turn-key OR initiatives,” said Caitlin Clark, vice president and general manager of Stryker’s Communications business. “We look forward to continuing our efforts to enable safer patient care and help our customers improve outcomes.”

This acquisition of mfPHD accelerates Stryker’s turn-key offerings and will drive focus on modular OR design.

About Stryker
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. More information is available at stryker.com.

Stryker Corporation or its affiliates own, use or have applied for the following trademarks or service marks:  Stryker; Fortress.  All other trademarks are trademarks of their respective owners or holders.

Media contact
Laura Vickers, Director of Marketing Communications
Laura.Vickers@stryker.com