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Kohlberg & Company Closes Pexco Acquisition

May 11, 2017

Kohlberg & Company, a leading private equity firm specializing in middle-market investing, has announced that it has closed the acquisition of Pexco and successfully merged the business with PPC Industries, Inc. (“PPC”), a ...

Tags: Kohlberg, PPC Industries

Drake Plastics Unveils Facility Expansion of Medical Products Operating Unit

Mar 27, 2017

Drake Plastics has unveiled the capacity and facility expansion of its medical products operating unit, which was launched in February 2016. Drake Plastics Medical was formed to better serve the specialized requirements of the medical ...

Tags: Drake Plastics, Medical Products

UFP Technologies Reports Q2 Results

Aug 8, 2016

UFP Technologies, a designer and custom converter of foams, plastics, composites, and natural fiber materials, reported net income of $2.7m or $0.38 per diluted common share outstanding for its second quarter ended 30 June 2016, a 20.4% ...

Tags: UFP Technologies, biotech, custom converter

Trinseo to Feature Biocompatibility-Tested Resin Portfolio at Compamed 2015

Nov 24, 2015

Trinseo, the global materials company and manufacturer of plastics, latex and rubber, will feature its biocompatibility-tested resins at COMPAMED 2015 in Dusseldorf, Germany at Hall 8B, Stand 8B L39 from November 16 -19. In particular, ...

Tags: Trinseo, plastics, latex, Resins

Philips Makes Wise Move Selling Lumileds Stake

Apr 15, 2015

Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...

Tags: Philips, Lumileds, automobile lighting

Major Company Restructure Market Trends Will Continue Throughout The Year

Dec 24, 2014

In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...

Tags: LED component, LED light

Nonin Medical Signs Agreement with Terumo Cardiovascular for Sensmart System

Feb 7, 2014

Nonin Medical has signed agreement with Terumo Cardiovascular for the distribution of Nonin Medical’s SenSmart universal oximetry system to all hospitals in the UK and Ireland. Pursuant to the terms of the agreement, Terumo ...

Tags: health, cardiovascular relationships

Ahlstrom Announces Price Increases on Its Masking Tape Materials

Nov 19, 2013

Ahlstrom, a global high performance fiber-based materials company, announces price increases on its masking tape materials produced by the Food and Medical business area. The price increases will be made to compensate for the continued high ...

Tags: Tape Base Papers, Ahlstrom

Sealed Air Signed a Definitive Agreement for The Sale of Its Rigid Medical Packaging

Nov 15, 2013

Packaging materials supplier Sealed Air has signed a definitive agreement for the sale of its rigid medical packaging business to Mason Wells Buyout Fund III, a private equity firm, for $125m. Sealed Air's rigid medical packaging business ...

Tags: Sealed Air, Medical Packaging

Samsung Electronics America Has Announced The Launch of Its Samsung UGEO PT60A

Oct 16, 2013

US-based Samsung Electronics America has announced the launch of its Samsung UGEO PT60A, a tablet-based ultrasound system designed to satisfy all applications in the point-of-care market. The Samsung UGEO PT60A includes a full 10.1 inch ...

Tags: Samsung Electronics, Tablet-Based Ultrasound System

St. Jude Medical Purchased Price of $170m up-Front Plus The Potential for up to $161m

Aug 22, 2013

US- based St. Jude Medical has acquired Endosense, a Switzerland-based company for a purchase price of $170m (CHF159m) up-front plus the potential for up to $161m (CHF150m) in subsequent milestone payments. While the acquisition is ...

Tags: Endosense, St.Jude

Mindray Will Meet Difficulties in Introducing Products of ZONARE Medical Systems, Inc.

Jun 19, 2013

Chinese medical equipment maker Mindray Medical International (NYSE: MR) will meet difficulties in introducing products of ZONARE Medical Systems, Inc. into the Chinese market directly. The New York-listed firm put US-based ultrasound ...

Tags: Health, Medicine

Abbott's Latest Cardiac Diagnostics Product Represents a Growth Over Next Few Years

Feb 18, 2013

January was a month of change for healthcare giant Abbott said a senior medical devices analyst from GlobalData who asserted that the company’s latest cardiac diagnostics product represents a pathway to growth over the next few years. ...

Tags: Abbott, Diagnostics, medical devices analyst

Torres Displays a Wrist Band Heart Monitor with a Blood Oxygen-Level Reader on His Finger

Jan 9, 2013

TI spokeman Dominic Torres displays a wrist band heart monitor with a blood oxygen-level reader on his fingertip.Image:Lucas Mearian At the Consumer Electronics Show(CES)today Texas Instruments(TI)demonstrated personalized health ...

Tags: TI, health monitors, clinical-grade equipment, CES

UFP Technologies Announces The Acquisition of PAC

Jan 4, 2013

Packaging and specialty component products manufacturer UFP Technologies has announced the acquisition of the US-based Packaging Alternatives Corporation (PAC) for an undisclosed value. UFP Technologies chairman, CEO and president Jeffrey ...

Tags: UFP Technologies, US, foam plastic products converter, PAC

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