1. The parties involved did not disclose financial terms
2. Bridgemedica is a manufacturing, design, development engineering and packaging services provider for the medical device industry.
3. NN hopes the acquisition will grow its life sciences segment and diversify its portfolio, according to NN President and CEO Richard Holder.
“Bridgemedica significantly expands our new product design engineering and development capabilities through its expertise in rapidly moving from the concept design stage through development and full-scale product manufacturing,” Mr. Holder said.
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