CHICAGO—Flexan Medical Holdings L.L.C., like many other suppliers to the medical device industry, is taking steps to ensure it has a wide range of offerings.
The firm, through its medical subsidiary FMI, has acquired Medron Inc., a medical device contract manufacturing services company based in Salt Lake City. Medron offers a range of outsourcing services, including high volume manufacturing, customer private label capability, design engineering, product development and prototyping. It works with a variety of materials, primarily urethanes, silicones and thermoplastics.
Flexan did not disclose financial details or Medron's employment, but did say that adding Medron brings its total headcount to 750. Medron operates two facilities in the Salt Lake City area.
"We are excited to add Medron's vast array of capabilities to our custom medical molding services," Jim Fitzgerald, president and CEO of Flexan Medical Holdings, said in a statement. "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."
Flexan said the 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.