The acquisition positions In'Tech Medical as a global leader in orthopedic contract-manufacturing and the world's largest provider of surgical instruments to the Spine Industry.
Memphis, TN (PRWEB) July 02, 2015 - In’Tech Medical SAS (http://www.intech-medical.com), a leader in the development and manufacturing of surgical instruments in Orthopedics, announced today the acquisition of Turner Medical, Inc., thus becoming a global leader in orthopedic contract-manufacturing and the world's largest provider of surgical instruments to the Spine Industry. The acquisition of Turner Medical ideally supplements In’Tech Medical’s product offering, talent pool, industry expertise, and international footprint.
The (Turner Medical) management’s know-how, combined with that of In’Tech Medical’s, turns the group into a creative engineering and problem solving powerhouse; a serious asset for our clients and a tangible competitive advantage.
Powered by a comprehensive product portfolio, a diversified customer base, and an ability to find creative solutions to complex engineering challenges, In’Tech Medical is the number one contract-manufacturer in Europe, with a significant US presence. The acquisition of Turner Medical further improves In’Tech Medical’s manufacturing expertise, expands its US business, its global capacity, and adds the manufacturing of orthopedic implants to its core business.
"In’Tech Medical’s demonstrated leadership in contract manufacturing and proprietary orthopedic instrument design is greatly enhanced with the addition of Turner Medical, as we continue to constantly strive to better serve our customers,” said Laurent Pruvost, President of In’Tech Medical SAS. "If increasing our market share and product line are great news, what I most value is the unique talent that Turner Medical has developed over the past 35 years. The management’s know-how, combined with that of In’Tech Medical’s, turns the group into a creative engineering and problem solving powerhouse; a serious asset for our clients and a tangible competitive advantage.”
"At Turner Medical, we are all about customer satisfaction and family values," said Bill Turner, President. “The company was founded by my father John Turner in 1985. We took it from a local machine shop to a nationally-recognized organization with the highest quality standards, latest technologies, and most efficient processes, always designed to meet and exceed our client’s needs, as well as save them time and money. Merging with In’Tech Medical allows Turner Medical to further develop and provide the services that are most beneficial to our clients, both in the US and internationally."
In’Tech Medical’s 2015 consolidated sales forecast is now $65 million, equally balanced between Europe and the United States, produced by close to 500 employees globally. As a wholly-owned subsidiary of In’Tech Medical, Turner Medical will continue to operate out of its headquarters in Athens, Alabama, under its current name, becoming the US platform for the newly-formed group.
About In’Tech Medical
Founded in France in 2000, In’Tech Medical is a privately held company that manufactures surgical instruments and implants, committed to the Orthopedic industry. With a team of over 300 dedicated employees, and offices and production facilities in both Europe and the United States, the company is ideally positioned for sustainable growth and personalized customer care. In’Tech Medical is proud to offer a comprehensive range of elegant “off-the-shelf” surgical designs, as well as cutting-edge instruments and systems.
About Turner Medical
More than 35 years ago, John Turner started Turner Machine with the mission to build a national reputation in the tool and die industry. Indeed, Turner made a name for himself in fabricating high-quality machine products that saved his clients time and money. For the past six years, under the leadership of John’s son, Bill, the company focuses solely on medical instruments and implants for orthopedics. Turner Medical’s wealth of focused experience—including its ISO 13485 certification and FDA registration—ensures that the company continues to achieve John Turner’s original goal of supplying innovative machined products that not only meet, but exceed clients’ specifications and standards.
Published at PR Web