Advant Medical, Ltd. Acquires Injection Moulding Company
Vertical Integration into Injection Moulding supporting Advant’s Contract Manufacturing and Packaging Services
Advant Medical Ltd today announced it has acquired a Galway based company, Teichneolaiocht Ui Threasai, Conamara, Teoranta, t/a Wayglen, effective from April 9th 2014. Wayglen is a provider of specialised injection moulded components to the Medical Device Industry. The acquisition is a major development for Advant Medical as it strategically positions the company for greater investment in injection moulding capabilities.
Speaking about the acquisition, Bob DiPetrillo Advant Medical CEO said “We are very excited about our future as we combine the skills, experience and commitment that both Advant Medical and Wayglen share. The acquisition of Wayglen brings a suite of complementary technologies and services to our current contract manufacturing and packaging capabilities.”
Advant Medical is a leading provider of contract manufacturing and packaging solutions to medical device OEMs worldwide. The acquisition comes almost 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 with vertical integration and expand into new markets.
About Advant Medical
With over 20 years’ experience in the Medical Device Industry, Advant Medical has extensive capabilities in class I,II & III medical device contract manufacturing and packaging solutions. Advant offers many support services in Engineering, Quality, Regulatory and Supply Chain management to the international market. With its headquarters based in Galway, Ireland, Advant Medical is a global company supplying over 25 countries worldwide with its specialist products and services.