Heraeus completed the acquisition of Norwood Medical.

Heraeus, a holding company that produces precious metals, materials and technologies, completed the acquisition of Norwood Medical, a company that provides end-to-end contract engineering and manufacturing services for medical device companies. Financial terms were not disclosed. “Growing our business, expanding our capabilities and delivering greater value to our customers and the end-patient have always been the guiding principles of our strategic approach. By joining Heraeus and capitalizing on their global reputation as a market leader in medical technology, Norwood will be able to scale our business and achieve our mission,” Ken Hemmelgarn, Norwood Medical Vice President of Finance.