Announced
Completed
Financials
Tags
United States
manufacturing orthopedic implants
Private
Natural
Single Bidder
Acquisition
Health Care Facilities
Private Equity
Completed
Synopsis
Medin Technologies, a medical contract manufacturer has completed its acquisition of Advantage Manufacturing Technologies, a manufacturer of orthopedic implants. Financial terms were not disclosed. "We are excited to have completed this important add-on acquisition. Medin's strategic goal is to provide world-class quality and performance across multiple product and component lines as a full-service manufacturing partner to our orthopedic OEM customers. Together, with AMT Medical, we can execute that strategy on a more comprehensive scale. Just as we have done with Medin Technologies, we plan to invest aggressively in AMT Medical, and over time, integrate the two companies' operations more thoroughly to deliver value to our customers." Bill Donaldson, Medin Technologies' CEO.
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