Qure Medical acquires European silicone firm

US firm Q Holding’s, Qure Medical business, has acquired  Silicone Altimex, based in the UK

Qure Medical provides integrated elastomeric solutions to medical device manufacturers.

Altimex is a manufacturer of cleanroom-produced silicone tubing components and assemblies for the pharmaceutical industry.

Randy Ross, Qure president and CEO, said: “This transaction is an important step in realizing our global ambitions.

“Silicone Altimex is a great fit with our business, and we look forward to capitalizing on the strengths of each organisation.”

The acquisition will provide Qure with manufacturing facilities in Europe.

Silicone Altimex is headquartered in Nottingham, England and according to Qure has a strong sales presence throughout Europe.

Chris Barker, managing director of Silicone Altimex, said: “We are thrilled to join Qure Medical, and I am confident that the next stage in our development will be a very exciting one.”

Financial terms were not disclosed.