Kelpac Medical01.11.16
Kelpac Medical, a PPC Industries, Inc. company and leading manufacturer of high-performance packaging and tubing for the medical device industry, announced its acquisition of VitalMed Inc. Based in Lakeville, Mass., VitalMed manufactures precision injected molded components for medical applications and offers design and development and contract assembly services. The acquisition advances Kelpac Medical's mission to offer a robust medical device component solutions package that increases the value Kelpac Medical delivers to its customers.
“The acquisition of VitalMed allows Kelpac Medical to execute on our strategy to provide a full range of customized medical components and assemblies to our current customer base,” said Jonathan Waldron, CEO and president of PPC. “In addition to our current portfolio of customized medical tubing, medical packaging, micro bore tubing and catheters, our customers will now benefit from VitalMed’s comprehensive offering of precision molded medical components, development and contract services, and can take advantage of single-source solutions from a trusted partner.
“The geographic footprint of VitalMed on the East Coast and in Mexico also enhances Kelpac Medical’s supply chain capabilities, which now extend to eleven locations across three continents, giving our customers localized efficiencies,” Waldron added.
Andrew Lanciano and Steve Walsh founded VitalMed in 1999.
Andrew Lanciano commented, “After 15 years of running VitalMed as a standalone organization, Steve and I are honored for VitalMed to become part of a larger, stronger organization and thereby provide additional value to our customers.”
Both Lanciano and Walsh will remain active in the new organization. The VitalMed brand will continue under Kelpac Medical.
Joseph Lawler, chairman of PPC and a Kohlberg & Company operating partner, PPC’s primary shareholder, noted, “The VitalMed acquisition is a large step toward achieving our goal to become a multi-product, medical device componentry platform, and we look forward to continuing our organic and acquisition-driven growth toward that end.”
“The acquisition of VitalMed allows Kelpac Medical to execute on our strategy to provide a full range of customized medical components and assemblies to our current customer base,” said Jonathan Waldron, CEO and president of PPC. “In addition to our current portfolio of customized medical tubing, medical packaging, micro bore tubing and catheters, our customers will now benefit from VitalMed’s comprehensive offering of precision molded medical components, development and contract services, and can take advantage of single-source solutions from a trusted partner.
“The geographic footprint of VitalMed on the East Coast and in Mexico also enhances Kelpac Medical’s supply chain capabilities, which now extend to eleven locations across three continents, giving our customers localized efficiencies,” Waldron added.
Andrew Lanciano and Steve Walsh founded VitalMed in 1999.
Andrew Lanciano commented, “After 15 years of running VitalMed as a standalone organization, Steve and I are honored for VitalMed to become part of a larger, stronger organization and thereby provide additional value to our customers.”
Both Lanciano and Walsh will remain active in the new organization. The VitalMed brand will continue under Kelpac Medical.
Joseph Lawler, chairman of PPC and a Kohlberg & Company operating partner, PPC’s primary shareholder, noted, “The VitalMed acquisition is a large step toward achieving our goal to become a multi-product, medical device componentry platform, and we look forward to continuing our organic and acquisition-driven growth toward that end.”