Péters Surgical

What Péters Surgical does

Péters Surgical is a French medical device company founded in 1926 that manufactures and distributes surgical wound closure and tissue repair products for cardiovascular, general, and gynecological surgery. The company's product portfolio includes sutures, titanium clips, surgical clamps, cyanoacrylate-based surgical glues, and laparoscopic instruments, with newer offerings such as the Enclose II anastomosis device and articulated clamps for robotic-assisted surgery. Products are sold to hospitals, surgical centers, and distributor networks globally, with the company operating direct sales in 6 countries and reaching 90+ countries through third-party distribution.

The company operates an integrated manufacturing model with production facilities in France, Germany, Thailand, and India, and employs approximately 650 people worldwide. Its headquarters is in Boulogne-Billancourt, France. Péters Surgical holds EU MDR certification and competes primarily on the basis of surgeon relationships, regulatory compliance, and distribution reach in surgical consumables markets.

From 2013 to 2024, the company was owned by private equity firm Eurazeo, which supported a series of acquisitions (Vitalitec in 2014, Stericat in 2015, Catgut in 2021, Vectec in 2023) that expanded its product range and geographic footprint. In March 2024, Péters Surgical was acquired by Advanced Medical Solutions Group plc (AMS), a UK-listed medical device group, becoming a subsidiary within a larger public company platform. Thierry Herbreteau serves as CEO.

Name

Péters Surgical

Legal name

Peters Surgical

Website

https://peters-surgical.com

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Péters Surgical is a French medical device manufacturer producing sutures, titanium clips, surgical clamps, tissue glues, and laparoscopic instruments for cardiovascular, general, and gynecological surgery, distributed across 90+ countries and now a subsidiary of UK-listed AMS.

Ownership category

akta.pro rank

Product category

Surgical Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112)

SIC

Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Surgical Stapling, Suturing & Hemostasis (Staplers, Clips, Sealants, Tourniquets) (HLAHADAL)

akta.pro secondary industries

Wound Closure & Securement (Sutures, Staples, Tissue Adhesives, Skin Closure Strips) (HLAHALAD), Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA), Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM)

Keywords

• Surgical closure devices
• Surgical sutures manufacturing
• Cardiovascular surgical devices
• Laparoscopic surgical instruments
• Titanium surgical clips

Headquarters

HQ city

Bobigny

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Medical Device Sales: Sale of surgical closure devices including sutures, titanium clips, clamps, and surgical glue. The company operates a fully integrated business model including research and product development, regulatory and clinical affairs, device manufacture, distribution, commercial and after-sales service.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Péters Surgical develops, manufactures, and distributes surgical closure devices worldwide, including sutures (absorbable, non-absorbable, barbed, and needles), titanium clips and appliers, surgical clamps (reusable and single-use), N-hexyl cyanoacrylate surgical glue (Ifabond), embolizing agents, and laparoscopic instruments. Its portfolio targets cardiovascular, visceral/digestive/urological, gynecological, and minimally invasive surgical specialties and is sold under an integrated model covering R&D, regulatory and clinical affairs, manufacturing, distribution, and after-sales service.

Product overview

Peters Surgical is a French medical device company specializing in surgical closure products. The portfolio includes sutures (absorbable, non-absorbable, barbed, and needles), titanium clips and appliers, surgical clamps (reusable and single-use bulldogs), surgical glues (cyanoacrylate-based), and laparoscopic surgery instruments. The company operates a fully integrated business model with research and development, regulatory affairs, manufacturing, distribution, and after-sales service. Peters Surgical focuses on Cardiovascular (CV), Visceral, and Digestive Urology and Gynaecological (DUG) surgical specialties. The company was founded in 1926 and acquired by Advanced Medical Solutions (AMS) in 2024.

Differentiator

Problem solved

Functional benefit

Products and services

• Sutures A comprehensive range of surgical sutures including absorbable and non-absorbable sutures, barbed sutures, and needles, developed through long-standing collaboration with Professor Alain Carpentier and sold to hospitals and surgical teams worldwide.
• Titanium Clips and Appliers Titanium clips and appliers with internationally recognized unique know-how, used for mechanical hemostasis in open and laparoscopic surgical procedures.
• Clamps A wide range of reusable metal clamps with removable inserts and single-use bulldog clamps, including flexible clamps, peripheral vascular and aortic clamps, single-use bulldogs, and the proximal anastomosis assist device (Enclose II).
• Ifabond Surgical Glue Innovative and patented N-hexyl cyanoacrylate-based surgical glue (Ifabond) used for tissue fixation and hemostasis; safe and comfortable to use, reduces operating time, and resorbs over time once the body takes over fixation.
• Embolizing Agent Embolizing agent used for vascular occlusion procedures in surgical and interventional settings.
• Laparoscopic Surgery Instruments Range of instruments for laparoscopic surgery including uterine manipulators, diagnostic tools, suction-irrigation systems, organ and tissue suspension systems, and suture passers, designed for minimally invasive and gynecological procedures.
• Operating Room Devices Devices for operating room use including cardio-thoracic and vascular surgical instruments used by surgeons and OR staff.
• Non-Operating Room Devices Devices for non-operating room use including catheters, accessories, and orthoses used in clinical and surgical-adjacent settings.
• Drainage Products Drainage devices used in surgical procedures for fluid management post-operatively.
• Enclose II Proximal Anastomosis Assist Device Proximal anastomosis assist device designed to reduce complications and improve surgical outcomes in cardiac surgery, used in over 700 surgeries by Dr. Torregrossa.

Quantifiable outcome

• 1 product used every second globally
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• Advanced Medical Solutions (AMS)coreStrategic or Co-development Partner · 13 March 2024In March 2024, Eurazeo signed an agreement to sell all share capital of Peters Surgical to Advanced Medical Solutions Group plc (AMS), a world-leading specialist in tissue-healing technologies listed on the London Stock Exchange. The transaction expanded AMS's portfolio of surgical products including sutures, haemostats, internal fixation devices and sealants. AMS has manufacturing in UK, Germany, France, Netherlands, Czech Republic and Israel.
• Professor Alain CarpentiercoreStrategic or Co-development PartnerLong collaboration with Professor Alain Carpentier resulted in the development of cardiovascular sutures. The Carpentier suture line was co-developed in France with the world-renowned cardiac surgeon expert.
• SFCTCV (French College of Thoracic and Cardiovascular Surgery)majorStrategic or Co-development PartnerCollaboration with SFCTCV for practical training workshops and Boot Camp programs for young cardiac surgeons. Peters Surgical supports hands-on training using simulation equipment.
• EyeclassminorStrategic or Co-development PartnerCollaboration for ophthalmology wetlabs, providing ophthalmic surgery instruments during practical teaching congress.
• CAHPPmajorStrategic or Co-development PartnerPartnership with CAHPP (Central Hospital Supply Purchasing) for responsible purchasing assessment. Peters Surgical received A+ rating in Green Index 2023 for sustainable practices.
• VitaliteccoreStrategic or Co-development PartnerAcquired in 2014, Vitalitec brought clips, clamps and surgical glue product ranges to Peters Surgical portfolio.
• Catgut GmbHcoreStrategic or Co-development PartnerGerman company acquired in 2021 specializing in surgical sutures, expanding manufacturing capabilities in Germany.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Teleflex: Offers sutures, ligation clips and surgical closure devices sold to hospitals and surgeons, overlapping with Peters Surgical's cardiovascular and general surgery closure portfolio.
• Integra LifeSciences: Provides specialty surgical instruments, including tissue and closure products, serving similar surgical specialties with hospital-channel distribution.
• Medtronic: Through its Surgical Innovations and former Covidien businesses, Medtronic competes with Peters Surgical in titanium clips, hemostatic devices, and surgical instruments across open and laparoscopic procedures.
• Ethicon (Johnson & Johnson): Global market leader in sutures, staples, clips, and hemostats across virtually the same surgical specialties Peters Surgical serves (cardiovascular, general, gyn). Closest direct competitor given overlapping product portfolios and shared hospital customer base.
• CONMED: Surgical and laparoscopic device manufacturer with comparable offerings in clips, sutures, and MIS instrumentation for general and gynecological surgery.
• B. Braun (Aesculap): Surgical sutures (Aesculap), clips, and laparoscopic instruments with strong European manufacturing footprint comparable to Peters Surgical. Directly competes in DUG, CV and MIS surgical closure with similar B2B hospital go-to-market.
• Corza Medical: Specialty surgical company focused on sutures and ophthalmic/closure products, formed from the take-private of parts of the Ethicon generics and surgical closure assets; a focused mid-sized direct competitor.

Broad incumbents

• Advanced Medical Solutions Group plc (AMS): Acquirer of Peters Surgical in 2024 and a publicly listed specialist in tissue-healing technologies including sealants, sutures, haemostats and internal fixation. Comparable product set; now parent and broader platform peer.
• Smith & Nephew: Broader surgical devices and wound management player with overlapping closure and hemostasis product lines in select segments, though not the primary surgical closure specialist.
• Stryker: Large diversified surgical and orthopedic device manufacturer that competes in adjacent surgical instruments and OR equipment categories used by Peters Surgical's hospital customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/3851725

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Péters Surgical