Announced

Completed

Biocoat completed the acquisition of Chempilots.

Synopsis

Biocoat, a specialty manufacturer of hydrophilic biomaterial coatings and coating equipment for medical devices, completed the acquisition of Chempilots, a European provider of specialty polymers and production services to the medical device industry. Financial terms were not disclosed. “We are delighted to expand our biomaterial solutions platform by joining two companies that are built on the foundation of long-term partnerships with their current and future customers. Both Biocoat and Chempilots supply leading medical device companies with unique chemistry products and components to support their product development. Both companies have built industry-leading customer service models that feature dedicated and expert staff focused on finding unique solutions to solve their customers’ most challenging requirements,” Jim Moran, Biocoat President and CEO.

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