Rochling acquires US medical technology specialist
Medical technology specialist Precision Medical Products has roughly 1,900 sq m of cleanrooms where its medical products are manufactured and packaged
Röchling Advent Tool & Mold has announced the acquisition of Precision Medical Products (PMP). Headquartered in Denver, Pennsylvania, PMP is a manufacturer of medical equipment, including needles and other precision-manufactured metal products.
Around 1,900 sq m of PMP's 10,000 sq m production halls are used as cleanrooms. This is where its medical products are assembled, manufactured and packaged in ISO 7 and 8 certified cleanrooms.
“This acquisition will allow us to significantly strengthen the position of Röchling as a provider of sophisticated medical technology products and implement our growth strategy in the US. Furthermore, we expect the acquisition to provide synergies with our other locations that are dealing with the issue of medical technology,” explained Professor Hanns-Peter Knaebel, CEO of the Röchling Group.
PMP's range of services include engineering services, metalworking, injection moulding, equipment assembly, packaging and sterilisation, specialising in niche markets.
The products manufactured by PMP include: autoinjectors (special syringes for anaphylactic shock), medical products (minimally invasive instruments for eye surgery), bifurcation needles (special needles for vaccinations and allergy testing) and special syringes for bone cement.
Knaebel confirmed that PMP's management team that will oversee the integration of the company into the Röchling Group during a transition phase.
Röchling Advent Tool & Mold has been part of the Röchling Group since 2012. The company based in Rochester, New York State, formerly the only Röchling Medical location in North America, is a full-service specialist in the manufacture of injection moulded plastic precision components for medical technology.
“The combination of our injection molding expertise with PMP’s expertise in metal and fine precision technology will enable us to offer medical technology manufacturers in North America a broader range of services than before,” said Lewis H. Carter, President of Röchling Advent Tool & Mold and head of the Medical Plastics business unit.