Enovis makes binding offer to buy eCential Robotics for EUR 155 million upfront
ENOV•Enovis to acquire eCential Robotics for EUR 155 million upfront
Enovis agreed to acquire surgical robotics developer eCential Robotics, adding robotic automation to its ASTRA enabling technology platform.
Deal terms include an upfront enterprise value of EUR 155 million, equating to about EUR 176 million cash at closing.
The transaction includes up to EUR 35 million of contingent consideration tied to milestone achievements.
Closing is targeted by year-end 2026, funded with cash on hand and capacity under Enovis’ revolving credit facility.
Enovis expects a 100 basis-point adjusted EBITDA margin headwind in 2027, with year-over-year margin improvement resuming in 2028.
