08.24.11
Vention Medical has acquired Boyle, Ireland-headquartered Ansamed Ltd., a provider of advanced medical tubing solutions and catheter design, development and manufacturing services.
“Partnering with the Ansamed team is an extraordinary opportunity for us to further strengthen Vention’s ability to deliver innovative components and cost effective supply chain solutions to our medical device customers,” said Dan Croteau, CEO of Marlborough, Mass.-based Vention. “The acquisition of Ansamed affirms our commitment to invest in minimally invasive technologies.”
According to Vention, the purchase will expand development and manufacturing capabilities for catheter-based devices, as well as establish a presence for Vention in Ireland. The company hopes the Ireland locale will serve as a base for further European and international expansion.
“Vention’s commitment to growing our business, and its complimentary capabilities in balloons, shrink tubing, and catheter assembly are a perfect fit for Ansamed,” said Bairbre Meehan, managing director of Ansamed. “The combined business will allow us to bring even more innovative and cost effective solutions to our mutual customers, as well as to new customers.”
“Partnering with the Ansamed team is an extraordinary opportunity for us to further strengthen Vention’s ability to deliver innovative components and cost effective supply chain solutions to our medical device customers,” said Dan Croteau, CEO of Marlborough, Mass.-based Vention. “The acquisition of Ansamed affirms our commitment to invest in minimally invasive technologies.”
According to Vention, the purchase will expand development and manufacturing capabilities for catheter-based devices, as well as establish a presence for Vention in Ireland. The company hopes the Ireland locale will serve as a base for further European and international expansion.
“Vention’s commitment to growing our business, and its complimentary capabilities in balloons, shrink tubing, and catheter assembly are a perfect fit for Ansamed,” said Bairbre Meehan, managing director of Ansamed. “The combined business will allow us to bring even more innovative and cost effective solutions to our mutual customers, as well as to new customers.”