Latham & Watkins Advises ARCHIMED in US$730 Million Acquisition of ZimVie Inc.

ZimVie Inc. (ZimVie) (Nasdaq: ZIMV), a global life sciences leader in the dental implant market, announced their entry into a definitive agreement pursuant to which ZimVie will be acquired by an affiliate of ARCHIMED, an investment firm focused exclusively on healthcare industries. Under the terms of the merger agreement, ZimVie stockholders will receive US$19.00 in cash for each share of ZimVie common stock outstanding at the closing of the transaction, corresponding to an enterprise value of approximately US$730 million. The transaction is expected to close by year-end 2025, subject to the satisfaction of customary closing conditions, including approval by ZimVie’s stockholders and applicable regulatory approvals. Upon completion of the transaction, ZimVie will become a privately held company and ZimVie’s shares will no longer be listed on the NASDAQ stock exchange.

Latham & Watkins LLP represents ARCHIMED in the transaction with a corporate team led by Bay Area partner Luke Bergstrom and Bay Area counsel Danny Nordstrom, with associates Kevin Schunk, Emilie Cullen, and Alex Bogdon. Advice was also provided on finance matters by New York partner Scott Ollivierre, with associate Jordan Gratch; on tax matters by Bay Area partner Grace Lee, with associates Gregory Conyers and Dennis Poehland; on benefits & compensation matters by Century City/Bay Area partner Julie Crisp, with associate Aaron Tso; on intellectual property matters by Bay Area partner Anthony Klein and Bay Area counsel Josh Real, with associates Fiona Gillan, Victoria Allen, and Jamie Eimbinder; on data privacy matters by Bay Area partner Heather Deixler, with associate Zac Alpert; on regulatory matters by Washington, D.C. partner Paul Rosen, with associate Monica Calce; on antitrust matters by Washington, D.C. partners Mandy Reeves and Patrick English and Brussels partners Héctor Armengod and John Wileur, with associates Nathaniel Amann, Mario Barka, Riccardo Danelli, Mary Casale, and Joseph Lorusso III; on real estate matters by New York counsel Shira Bressler; and on ex-US FDI matters by Hamburg partner Jana Dammann de Chapto, with associate Laura Lange.