Cirtec Medical completed the acquisition of the Precision Components business of QMD.

Cirtec Medical, an outsourcing partner of complex medical devices, completed the acquisition of the Precision Components business of QMD, a manufacturer of medical supplies. Financial terms were not disclosed. "This acquisition is a natural fit for us and will open new doors for customers through advanced expertise in medical silicone molding and extrusion”. “From materials science and mold development through manufacturing and assembly, QMD Precision Components will enable Cirtec to provide customers with new and powerful capabilities as a full-service outsource partner. The acquisition will also strengthen Cirtec’s platform for growth in existing markets such as active implantables, interventional, and minimally invasive surgical devices,” Brian Highley, Cirtec CEO.