MARLBOROUGH, Mass., Aug. 26, 2011 /PRNewswire/ — Vention
Medical, a leading full-service medical device outsourcing company,
announced today its acquisition of ANSAmed, Ireland’s premier
provider of advanced medical tubing solutions, including
multilayer, co-extrusion and multi-lumen extrusion capabilities,
and catheter design, development and manufacturing services.
The acquisition of ANSAmed will expand Vention Medical’s
capabilities in the development and manufacturing of specialty
catheter-based devices used in a range of interventional and
surgical procedures. ANSAmed’s technology and breadth of
experience in extrusion and braided tubing will add to Vention’s
strong portfolio of capabilities in balloons, shrink tubing, and
catheter assembly. In addition, ANSAmed will establish a
strategic presence for Vention in Ireland and serve as a base for
further European and International expansion.
Vention Medical is a full-service medical device outsourcing
company whose capabilities include product design and development,
custom components such as medical balloons and heat-shrink tubing,
plastic injection molding & complete device assembly.
Dan Croteau, CEO of Vention Medical said, “Partnering with the
ANSAmed team is an extraordinary opportunity for us to further
strengthen Vention’s ability to deliver innovative components and
cost effective supply chain solutions to our medical device
customers. The acquisition of ANSAmed affirms our commitment
to invest in leading minimally invasive technologies. They
will be a great addition to our team.”
Bairbre Meehan, Managing Director of ANSAmed added. “Vention’s
commitment to growing our business, and its complimentary
capabilities in balloons, shrink tubing, and catheter assembly, are
a perfect fit for ANSAmed. The combined business will
allow us to bring even more innovative and cost effective solutions
to our mutual customers, as well as
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