Zeus Industrial Products recently announced that it has acquired medical device component manufacturer MWC Technologies (Chattanooga, Tenn.). The financial details of the deal were not disclosed.
“Since I founded the company in 1966, Zeus has been focused on continuing to grow and innovate. This acquisition support those goals. We are confident that our acquisition of MWC will provide value to our customers today and into the future,” Frank P. Tourville, Sr., founder and chairman of the board at Zeus, said in a press release.
The acquisition adds to Zeus’s capabilities they have been developing for the past five decades. Zeus will be able to globally commercialize some of the solution-driven products in MWC Technologies’s portfolio.
“The acquisition of MWC will expand our capabilities and product portfolio to address the rising demand for advanced precision extrusions. Our combined expertise will enhance our ability to better serve customers around the globe,” said John Winarchick, CEO of Zeus.