Terms of the deal were not disclosed.
“We are delighted to add Wickstrom to our team,” said Kern Bhugra, president of JunoPacific. “They are experts in aluminum tooling and collaborate closely with their customers to deliver high-quality production-grade parts in a fraction of the time and cost of conventional molding companies. Adding Wickstrom’s capabilities will enhance JunoPacific’s ability to help our customers bring their
products to market quickly and inexpensively. I’m also pleased that Scott Wickstrom will remain with the company and help guide its growth.”
Cretex, established in 1917, is a privately held, diversified manufacturing company headquartered in Elk River, Minn. The company’s subsidiaries operate in four major markets: medical, aerospace and defense, industrial, and infrastructure. RMS, RMS Surgical, Meier, JunoPacific, Spectralytics and Elk River Machine Company provide contract manufacturing services to OEMs requiring precision
machining, metal stamping and fabrication, laser processing, plastic molding, medical device assembly and packaging, and heavy-gauge metal machining and fabrication.
Cretex employs about 2,000 people at 36 locations in 11 states.