In’Tech Medical SAS (http://www.intech-medical.com), a world leader in Contract Manufacturing of surgical instruments in Orthopedics, announced today the acquisition of Ortho Solutions Sdn Bhd (http://www.orthosolutions.my), a premier Asian contract manufacturer of orthopedic implants and instruments.
The Ortho Solutions acquisition provides the In’Tech Medical Group with a well-established platform to increase its penetration of the Asia-Pacific markets. It is a key step to In’Tech Medical’s worldwide expansion strategy. This latest milestone comes in the footstep of In’Tech Medical’s acquisition of Turner Medical in 2015 in the United States, strengthening the company’s global leadership as a contract manufacturer in orthopedics.
“We’re proud to acquire Ortho Solutions and deliver on our promise to continuously work on better serving our customers across countries and continents,” said Laurent Pruvost, President of In’Tech Medical. “We are excited to welcome Ortho Solutions talented team to the In’Tech Medical family and look forward to working with them on always finding creative engineering solutions to the benefit of our customers around the world.”
This transaction was made possible by the long-term partnership between In’Tech Medical and TCR Capital - an independent private equity partnership that has been supporting In’Tech Medical’s strategic growth since 2012.
"We are pleased to join forces with a renowned company, such as In’Tech Medical, that shares our values and dedication to manufacturing high quality instruments and implants for the orthopedic industry," said Darren Wong, General Manager of Ortho Solutions. "Their global strength and expertise will enhance our ability to serve our current and new customers, drive innovation, and expand.”
The In’Tech Medical Group is in the business of building long-term relationships with its customers around the world, solving complicated engineering challenges and providing global manufacturing solutions for instruments and implants in Orthopedics.
Published at PRWeb