Announced
Completed
Financials
Sources
Tags
medical devices
Cross Border
Medical Equipment
United States
Acquisition
Majority
Private
Private Equity
Friendly
Single Bidder
Completed
Synopsis
EQT Partners, a Swedish global investment organization, completed the acquisition of Zeus Company, a pioneer in the design, development, and extrusion of fluoropolymer tubing for medical devices and select industrial applications. Financial terms were not disclosed. "EQT has tracked the medical device component industry closely for several years, and we believe Zeus is uniquely positioned within the end markets it serves due to its unmatched material science and process expertise. We are excited to partner with the Company and invest in its next phase of growth, its employees, and the communities it serves, while maintaining Frank Tourville Sr.’s values and commitment to excellence, which are shared by EQT," Ethan Waxman, EQT Partner.
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