Cretex Companies (Elk River, Minn.) has announced that it has acquired Quality Tech Services (Bloomington, Minn.).
The financial details of the deal were not disclosed.
Quality Tech Services serves a number of OEMs for the orthopedic, neurology, pulmonary, dental and other medical device markets. It specializes in cleanroom assembly, packaging and labeling, sterilization management, process development and validations, material sourcing and supply chain management.
“We are extremely pleased to have QTS join our Cretex Medical group of companies,” said Lynn Schuler, CEO of Cretex Companies, in a press release. “QTS is widely recognized as a leading provider of validated assembly, kitting and packaging solutions. Their experienced team, including packaging engineers and microbiologists, are experts in the end-of-line, critical processes that most companies don’t understand or do well. By adding QTS’s capabilities, we’ve made Cretex Medical an even better outsource partner for medical device companies.”
Cretex Medical is a manufacturing company that offers precision machining, metal stamping and fabrication, laser processing, plastic injection molding, medical device assembly and cleanroom packaging.
“We’re very excited to become part of the Cretex Medical group. Medical device OEMs are increasingly looking for providers who bring end-to-end solutions,” said Doug Wilder, president of QTS. “They are actively pruning their supplier base and rewarding those who can do more. Combining Cretex and QTS creates significant upside for our customers. Equally important, the combination will be great for our employees. The cultures of the two companies are very similar. Customer service, quality, and providing a positive work environment are values that we share. We’re anxious to get started.”
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