Integer Holdings to acquire Aran Biomedical for €130m.

Integer Holdings, an advanced medical device outsourcing firm, agreed to acquire Aran Biomedical, a provider of medical textiles, for €130m ($142m). "The acquisition of Aran Biomedical is entirely aligned with our strategy to expand our presence in high growth markets. Aran brings subject matter expertise and highly differentiated implant technology solutions to our portfolio. Coupling these technology solutions and expertise with Integer’s leadership in delivery systems and manufacturing scale will bring an unparalleled ability to meet our customers’ needs and be their partner of choice for developing the next generation of lifesaving and life-enhancing medical devices. Their innovation, capabilities and values are a perfect complement to Integer’s, and we are thrilled to welcome Aran’s 130 associates to the Integer team," Joe Dziedzic, Integer President and CEO.