Spectrum Plastics Group has announced the acquisition of substantially all assets of Laser Light Technologies.
An ISO 9001- and ISO 13485-certified organization based in Hermann, Mo., Laser Light Technologies provides custom laser processing systems and services using excimer, femtosecond, picosecond and YAG laser technologies.
“The addition of the talented team at Laser Light Technologies brings Spectrum Plastics Group leading-edge laser processing capabilities for a wide range of polymer and metal components and assemblies including precision laser-cut features in extrusions, films, medical balloons, catheters, biopharmaceutical processing components, active implants, coated wire and related precision products,” said Spectrum Plastics Group president & CEO Thomas Sullivan. “We are excited to continue the legacy of responsiveness in quick turn development and scaled production that Frank Hannan and his team have built.”
“With the global resources of Spectrum and the combined technologies of both companies, we’re well-positioned to advance innovation and accelerate our customers’ speed to market and growth,” said Hannan, Laser Light Technologies’ CEO, in a news release. “The technical talent of our team is a great complement to the comprehensive service offerings of Spectrum Plastics and will create a unique presence in the industry.”
Terms of the deal were not disclosed. It’s the second acquisition for Spectrum Plastics since December when it closed on the purchase of Peelmaster Medical.
“The addition of Laser Light Technologies advances our offerings as a full-service partner for medical devices, life sciences and other technically challenging applications,” added Spectrum Plastics chief commercial officer Dylan Hushka. “We’ve been both a customer and collaborator with Laser Light in supporting the medical device industry on catheter-based programs and we’re excited to broaden our offerings as a single, integrated source.”
