Viant expands leadership team with former Medtronic, Integer executives

The newly rebranded Viant is expanding its leadership team after completing the acquisition of Advanced Surgical and Orthopedics. Viant, formerly known as MedPlast, has appointed former Medtronic executive Sean Crowley to chief operating officer. The company has also appointed former Integer executive Declan Smyth to group president of Advanced Surgical and Orthopedics. Crowley has more

MedPlast completes Advanced Surgical and Orthopedics acquisition, rebrands as Viant

MedPlast announced that it has finished the acquisition of Integer Holding’s Advanced Surgical and Orthopedics business. The company plans to rebrand as Viant to showcase the new strategic direction. “Today marks an exciting day for our company. The addition of Integer’s business expands our capabilities and offerings and enables us to achieve our goal of

Integer sells advanced surgical, ortho lines to MedPlast

Integer (NYSE:ITGR) has completed the spinoff of its advanced surgical and orthopedics products lines to MedPlast, LLC for $600 million in cash. Announced in May, the deal will double MedPlast’s top line and bolster the balance sheet for Integer, which missed expectations with its first-quarter earnings. MedPlast also announced that it will rebrand under the name

Integer to deal surgical, orthopedics assets to MedPlast for $600m

Integer Holdings (NYSE:ITGR) plans to sell its advanced surgical and orthopedic assets to MedPlast for $600 million in a deal that will double MedPlast’s top line and bolster the balance sheet for Integer, which missed expectations with its first-quarter earnings. Proceeds from the all-cash deal, announced yesterday and expected to close during the third quarter, are

Everything you need to know about medical device creation

Medtech development is hard. Medical device creation can require manufacturing know-how in areas as wide-ranging as electrical components, high-performance polymers, molding and machining – and that doesn’t even include the required expertise in design, regulatory requirements and achieving reimbursement. The good news is that the companies serving the medical device industry have become specialized experts. Through

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Overmolding silicone onto thermoplastics: what you need for success

Overmolding silicone onto thermoplastics can be challenging, but offers advantages over TPEs that include chemical resistance, tensile strength and compression set. Here are some best practices to maximize your success. David Mulera, MedPlast Overmolding has become a fundamental technique for medical component manufacturers in recent years. It reduces assembly costs, improves quality and expands the limit

MedPlast acquires Coastal Life

MedPlast announced that it has acquired Coastal Life Technologies, its second acquisition in a three-month span. The financial details of the deal were not disclosed. MedPlast is working to expand its services and network of global manufacturing facilities to the world’s largest OEM. The acquisition of Coastal Life extends MedPlasts medical device assembly sites to

MedPlast completes buy of Vention division

MedPlast (Tempe, Ariz.) said today that it has closed on its acquisition of Vention’s medical device manufacturing services division. Financial terms of the deal were not disclosed. The device manufacturing services business has locations in New Jersey, Michigan, Puerto Rico and Costa Rica. “This acquisition is a first and important step in our strategic plan to expand

MedPlast and Nordson are divvying up Vention Medical

Nordson and MedPlast are each acquiring a piece of Vention Medical in the latest M&A deal to transform the medical device contract manufacturing landscape. Nordson (Westlake, Ohio) will pay $705 million in cash to acquire Vention’s advanced technologies division, which has locations in New Hampshire, Tennessee, Ireland, Minneapolis, Massachusetts, California, Colorado and Israel. MedPlast (Tempe,

JLL Partners and Water Street announce acquisition of MedPlast

Water Street Healthcare Partners and private equity shop JLL Partners said that they acquired MedPlast, a services provider to the medical device industry, for an undisclosed amount. Headquartered in Tempe, Ariz., MedPlast offers a range of engineering and manufacturing capabilities that support the world’s leading original equipment manufacturers (OEMs) with producing diagnostic, orthopedic, surgical and