Cretex Companies Acquires Spectralytics
Posted on December 4, 2012 @ 02:22 pm
Elk River, Minn.-based Cretex Companies Inc. has completed the acquisition of Spectralytics Inc., a Dassel, Minn.-based provider of laser-based services to the medical device industry.
Terms of the deal were not disclosed.
Spectralytics specializes in stent production, laser ablation, laser marking, and drilling of close tolerance holes required for catheters and embolic protection devices. Spectralytics works with multiple materials, including metals, polymers, and bioabsorbable polymers and composites.
In early November this year, Cretex unveiled new branding for its medical group of companies, Cretex Medical. Spectralytics will be joining RMS, RMS Surgical, Meier, and JunoPacific under the umbrella of Cretex Medical. These companies provide a range of contract manufacturing services for implantable, non-implantable, durable and disposable medical devices.
Ceretx Companies is a diversified manufacturing company providing services to a variety of industries including medical.
Please visit our sister sites:
The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.