Precision medical tubing supplier Extrumed (Placentia, CA, USA) has merged with Vesta Inc. (Franklin, WI, USA), a supplier of silicone components and engineering services. As stated in a recently issued press release, the merger creates a market-leading contract manufacturer of precision thermoplastic and silicone tubing, silicone moulding and device assembly operations. Together, the companies produce an estimated 60 million medical device components annually for the global med-tech market.
The two companies do not intend to combine manufacturing facilities, but will instead focus on sharing best practices to strengthen the individual organisations.
The ExtruMed and Vesta management teams believe this merger will provide customers and the marketplace with a number of benefits including a lean infrastructure able to respond effectively and nimbly to evolving customer needs and an expanded range of material options.Norbert Sparrow