Advant Medical Acquires Injection Moulding Company, Wayglen
New Acquisition Provides Vertical Integration to further support Medical Device Contract Manufacturing and Packaging Solutions
Advant Medical today announced the acquisition of Ireland based Wayglen, a specialist injection moulding provider.
Advant Medical is a global provider of contract manufacturing and packaging solutions to the medical device industry. The company manufactures Class I,II and III minimal invasive and implantable devices. Advant supports a broad range of customers including start-ups, SMEs and Multinationals through the product life cycle from concept through to commercialisation.
The new acquisition is part of Advant Medical’s strategic expansion plans to provide an integrated contract manufacturing solution, enabling diversification in the company’s services.
“The acquisition of Wayglen expands our technical capabilities complementing our current products and services and strengthening our partnership with our current customers. The addition of injection moulding to our portfolio increases the business opportunities in the contract manufacturing and packaging services for Advant”, commented Bob DiPetrillo, CEO, Advant Medical.
Advant Medical was established in 1993 and is a strategic partner in contract manufacturing and packaging solutions to some of the world’s largest medical device OEMs. Advant Medical’s products are established across 25 international markets, including the USA, Americas, Europe and Asia.
Wayglen provides specialised injection moulded components for medical device products and accessories and is an established quality supplier to the industry for over twenty years.
The acquisition comes a year after Advant Medical announced it was set to invest €2.4 million in a major development programme to radically expand the company’s production capabilities.
Advant Medical produces contract medical manufacturing and packaging solutions for Class I, II and III implantable devices. The company employs over 100 people at its headquarters in Galway and has sales and manufacturing facilities in the USA.
Wayglen is an injection moulding specialist to the medical device industry. Located in Inverin, Co Galway, the company has worked in product design and injection moulding for over twenty years.