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Flexan Llc, wholly owned subsidiary of Flexan Medical Holdings (a leading global custom rubber moulding company), has acquired Medron Inc, a medical device contract manufacturing services company based in Salt Lake City (Utah, USA).
“We are excited to add Medron’s vast array of capabilities to our custom medical moulding services. Medron’s reputation for providing high quality products from design to product launch and ongoing manufacturing support aligns well with our platform of providing long-term and short-term implantable silicone components. We are excited about the combination of our great brands, and our great people,” ” said Jim Fitzgerald, president & CEO of Flexan Medical Holdings, a portfolio company of private equity firm Linden Capital Partners.
This acquisition supports the current trend of the medical device industry’s strategic efforts to outsource with total solution providers who can consolidate critical offerings to address the needs of the global device market.
Medron has gained a significant reputation for creating solutions in a wide range of therapeutic areas from design and development, moulding, assembly to final packaging and sterilisation. It has extensive working expertise in a wide range of materials, including medical grade urethanes, silicones and engineering thermoplastics. Using state-of-the-art machinery, MedroN creates unique solutions that meet a wide range of customer fabrication needs.
Ron Labrum, Linden Operating Partner, commented, “The addition of Medron significantly enhances our contract manufacturing service offerings through the combination of world class elastomer component moulding, device design, secondary operation services, and diversified global manufacturing locations.”
Founded in 1946, Flexan Medical Holdings is a leading global manufacturer of high-precision elastomer parts that are critical components in a broad array of products and industry applications. Headquartered in Chicago, Flexan operates two distinct but complementary business units (FMI and Flexan). FMI delivers clean-room manufactured silicone rubber moulded components for use in Class II disposable and Class III implantable medical devices. Flexan is a custom moulder whose expertise in moulding difficult geometries and bonding rubber to metal has earned the company the reputation as an innovative provider across numerous attractive healthcare and industrial markets.
