Medical device contract manufacturer NuPak Medical has been acquired by its biggest customer, Katena Products, according to an Xconomy report.
San Antonio, Texas-based NuPak Medical manufactures products including dental implants, orthopedic devices, diabetes infusion sets and surgical instruments, according to the report.
NuPak’s full employee roster of 18 individuals will remain with the company after its acquisition by Katena, which produces surgical tools and was interested in NuPak to aid in its expansion into ophthalmology and optometry products, according to the report.
“They were looking to expand and grow and make a more signficant company in eye-related fields. They wanted more of a manufacturing footprint, and NuPak Medical made perfect sense to further that growth trajectory,” NuPak co-founder & GM David Cocke told Xconomy.
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