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Announced

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Resonetics completed the acquisition of Hudson Medical Innovations from Preco.

Synopsis

Resonetics, a pioneer in advanced engineering and manufacturing solutions for the life sciences industry completed the acquisition of Hudson Medical Innovations, a manufacturer of microfluidics, point-of-care diagnostics, biosensors, and advanced wound care devices, from Preco, a premier provider of die cutting & laser equipment solutions for advanced material processing needs. Financial terms were not disclosed. "Hudson Medical Innovations is utilizing many of the same principles that have driven Resonetics' growth: a focus on the customer, innovative problem solving, and purpose-built equipment to scale production efficiently. The Hudson team has established a great position serving leading customers in very exciting high-growth markets, expanding the breadth and diversity of Resonetics," Tom Burns, Resonetics President and CEO.

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