- Business
- Stille AB (STIL.ST) develops, manufactures, and markets premium surgical instruments and C-arm tables for specialist surgeons worldwide. Founded in 1841 and headquartered in Torshälla, Sweden, the company operates through two main segments: Surgical Instruments, encompassing hand-forged reusable tools such as scissors, forceps, retractors, skin hooks, and SuperCut scissors for open surgery in cardiovascular, plastic, microsurgical, neuro, spine, thoracic, and general specialties; and Surgical Tables, including advanced fluoroscopy models like imagiQ2 and Medstone optimized for minimally invasive procedures with C-arms, featuring True Free Float technology, enhanced translucency for superior imaging, and partnerships with GE Healthcare, Ziehm Imaging, Philips, and Siemens Healthineers. Complementary services include instrument care education, repair, maintenance, inspection, and a 30-year warranty on instruments.
Stille maintains direct operations in Sweden, Germany, Switzerland, the United States, the United Kingdom, the UAE, and Malaysia, serving hospitals, clinics, and surgeons through distributors and direct sales channels, with a focus on high-margin niche segments enabling premium pricing and long-term customer relationships built on quality and switching costs.
In recent developments, Stille completed the acquisition of Fehling Instruments in early 2024 for EUR 36 million, broadening its surgical instrument portfolio in neuro, spine, and cardiac surgery, enhancing R&D, and expanding global direct presence; in July 2025, it agreed to acquire Surgical Holdings for GBP 7.7 million, strengthening UK market access with direct sales, repair services for instruments, endoscopes, and orthopaedic tools, and complementary offerings in general surgery and orthopaedics, with closing expected in Q3 2025. These moves align with Stille's consolidation strategy in the fragmented premium medtech market, driving revenue growth to SEK 554 million (TTM) and adjusted EBITDA expansion.