# Zimmer Biomet acquires LDR Holding Corporation: acquisition

Canonical ID: `d8212fc5-555c-4c7e-b0aa-dd302de3d5ce`

Zimmer Biomet acquired LDR Holding Corporation for ~$1 billion (announced June 7, 2016), a spine-surgery company known for its Mobi-C cervical disc, expanding Zimmer Biomet's spine portfolio.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $1.0B (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [Zimmer Biomet](https://registry.deploy.report/companies/zimmer-biomet.md)
- **Acquired:** [LDR Holding Corporation](https://registry.deploy.report/companies/ldr-holding.md)

## Timeline

- **Announced:** 2016-06-07

## Sources (1)

1. https://investor.zimmerbiomet.com/news-and-events/news


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