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  3. Solventum To Acquire Acera Surgical In 725m Deal To Advance Regenerative Wound Care
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  • 22 Nov 2025
  • Admin
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Solventum to Acquire Acera Surgical in $725M Deal to Advance Regenerative Wound Care

Solventum has announced a major move in the advanced wound care space with a definitive agreement to acquire Acera Surgical for $725 million in cash, plus an additional $125 million in contingent payments tied to milestone achievements.

The acquisition marks Solventum’s first tuck-in deal as part of its broader transformation strategy—and positions the company to expand aggressively into the fast-growing regenerative wound care market.

Why Solventum Is Buying Acera Surgical?

Founded in 2013, Acera Surgical has built a strong reputation in synthetic soft-tissue repair through its proprietary electrospinning technology platform. Its flagship Restrata products are already used across U.S. acute care settings to treat complex, hard-to-heal wounds.

The acquisition brings together:

  • Acera’s innovation engine
  • Solventum’s leadership in advanced wound care
  • Strong clinical relationships
  • A specialized commercial footprint

Together, the companies expect to accelerate the adoption of Restrata and unlock new synergies across Solventum’s global network.

Expanding Solventum’s Advanced Wound Care Portfolio

Solventum CEO Bryan Hanson emphasized that regenerative wound care is a high-growth market with a major unmet need:

“Regenerative wound care is an exciting and fast-growing space, and Acera has innovative technology to meet a significant unmet need in acute wound care.”

He added that the deal:

  • Strengthens Solventum’s advanced wound care offerings
  • Adds capabilities in synthetic tissue matrices
  • Creates new value for clinicians, hospitals, and patients
  • Aligns with the company’s three-phase transformation plan

Hanson also highlighted that Solventum’s strong balance sheet enabled the company to move decisively—alongside announcing its first share repurchase program.

Financial Highlights of the Deal

  • Acera revenue outlook for 2025: ~$90 million
  • EPS impact:
    - Slightly dilutive in 2026
    - Accretive starting in 2027
  • Deal financing: Cash on hand (no new debt)
  • Expected close: First half of 2026, pending customary conditions

The combination is expected to unlock operational and commercial synergies by leveraging:

  • Solventum's global distribution footprint
  • Its specialized wound care sales force
  • Market leadership in negative pressure wound therapy

Strategic Rationale for the Acquisition

Solventum is aiming to strengthen its position at the intersection of:

  • Health science
  • Materials science
  • Data science

Acera’s engineered tissue platforms fit directly into that strategy.

This deal allows Solventum to:

  • Enter the fast-growing synthetic tissue matrices category
  • Expand solutions for acute care clinicians
  • Accelerate innovation in regenerative wound healing
  • Broaden its footprint in hospitals and surgical centers

Advisors

For Solventum:

  • Financial: Morgan Stanley & Co.
  • Legal: McDermott Will & Emery LLP

For Acera:

  • Financial: Truist Securities
  • Legal: Hogan Lovells US LLP

About Solventum

Solventum is a healthcare company committed to enabling better, smarter, safer care. Built on decades of scientific innovation, the company focuses on creating breakthrough solutions at the intersection of health, materials, and data science, empowering clinicians and improving patient outcomes.

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