NEWS RELEASE: Cretex Medical Signs Agreement to Acquire Atemisa Precision, S.A. in Costa Rica
ELK RIVER, Minn., October 15, 2025 – Cretex Medical, a leading provider of contract medical device manufacturing and engineering services, announced today that it has signed a definitive agreement to acquire Atemisa Precision, S.A. in Alajuela, Costa Rica. Dedicated to satisfying customer needs, Atemisa provides high-quality machining services to the medical and industrial sectors in Costa Rica. The transaction is expected to close before the end of the year, subject to customary closing conditions.
Cretex Medical’s mission is to make it easier to get their customers’ products to patients. By integrating Atemisa’s precision machining expertise with Cretex Medical’s newly constructed facility in Cartago, Costa Rica, the company will strengthen its local, vertically integrated capabilities, including advanced machining, molding, laser processing, and assembly.
“The planned acquisition of Atemisa is a strategic investment that strengthens Cretex’s global presence and underscores our long-term commitment to Costa Rica,” said Jeff Wollerman, CEO and President of Cretex Companies. “Atemisa’s reputation for excellence, deep local experience, and strong customer partnerships align perfectly with Cretex’s culture of continuous improvement and customer focus. Together, we’re expanding our capabilities and scale to better support our customers’ growth and success for years to come.”
Both companies will continue to operate independently until the transaction closes. Additional details will be provided upon closing.
About Cretex
Cretex Companies (www.cretex.com) has been privately owned by the same family for over 100 years. Headquartered in Elk River, Minnesota, Cretex employs over 2,300 team members at facilities in the United States and Costa Rica. Under the Cretex Medical brand, the company’s subsidiaries CDT, QTS, and rms provide contract manufacturing and engineering services to medical device manufacturers (OEMs). Cretex Materials and Cretex Specialty Products are leaders in the infrastructure industry. The companies are guided by a common management system, shared set of values, and focus on operational excellence.
The opinions expressed in this news release are the author’s only and do not necessarily reflect those of Medical Design & Outsourcing or its employees.
