Tecomet, which is a contract manufacturing, engineering and metal fabrication technology company based in Wilmington, Mass., acquired the business for about $45 million in cash, according to earlier reports.
Teleflex’s OEM orthopedics business includes the Beere Medical and SMD brand product lines.
Teleflex is headquartered in Limerick, Pa.
Related Articles on Company Acquisitions:
Kinetic Concepts to Sell Therapeutic Support Systems Business to Getinge AB for $275M
Teleflex to Acquire Laryngeal Mask Manufacturer for $276M
CONMED to Acquire Viking Systems for $22.5M
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.