Freudenberg Medical, a developer and producer of specialty parts and completed merchandise for the medical machine business, has acquired the devoted manufacturing tools and related property utilized by Advantage Medical Methods in its hypotube manufacturing enterprise.
The acquired property can be absorbed by Cambus Medical situated in Galway, Eire. Cambus Medical, a Freudenberg Medical firm, is a hypotube producer within the minimally invasive business. Established in 2006, Cambus Medical develops and manufactures hypotubes, specialty needles, and steel micro-components for catheters and minimally invasive units utilized in diagnostic and therapeutic interventions.
The acquisition contains manufacturing tools for laser-cut hypotubes and entry to extra expertise. Advantage Medical will provide Cambus Medical with PTFE coated tubing and wire to make sure uninterrupted product provide for present prospects.
Dr Max Kley, CEO of Freudenberg Medical, mentioned: “This transaction is a key step in increasing our main place within the hypotube marketplace for catheters and different minimally invasive units. Freudenberg Medical covers the total worth chain from supplying mission-critical parts like hypotubes to full machine manufacturing. This degree of vertical integration places us into a singular place to supply probably the most superior technical options to our minimally invasive machine prospects.”
Barry Comerford, CEO of Cambus Medical added: “This strategic acquisition will give Cambus Medical key tools to extend manufacturing capability, deepen our expertise base to attain unrivalled laser processing and coating capabilities, and increase our buyer base.”