Vention Medical acquires Irish tube maker

LSRUNQI

Vention Medical acquires Irish tube maker

Thursday, August 25, 2011
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! }# ^' r7 X8 ?) U  y; W1 ?) I+ ZMarlborough, MA - Vention Medical, a leading full-service medical device outsourcing company, announced its acquisition of Ansamed, Ireland’s premier provider of advanced medical tubing solutions, including multilayer, co-extrusion and multi-lumen extrusion capabilities, and catheter design, development and manufacturing services. The acquisition of Ansamed will expand Vention Medical’s capabilities in the development and manufacturing of specialty catheter-based devices used in a range of interventional and surgical procedures. Ansamed’s technology and breadth of experience in extrusion and braided tubing will add to Vention’s strong portfolio of capabilities in balloons, shrink tubing, and catheter assembly. In addition, Ansamed will establish a strategic presence for Vention in Ireland and serve as a base for further European and International expansion.