Solutions provider MedPlast has announced it has completed its acquisition of Integer Holding Corporation’s Advanced Surgical and Orthopedics (“AS&O”) business.
Rebranding
The acquisition represents a new strategic direction for the company and MedPlast has announced it will rebrand under the name Viant.
MedPlast chief executive officer Brian King said: “Today marks an exciting day for our company. The addition of Integer’s business expands our capabilities and offerings, and enables us to achieve our goal of being a full-service supplier to our customers. Our new name, Viant, represents our dedication to our customers and to the patients that our customers serve; and is indicative to our commitment that ‘we’re in it for life.’ We could not be more pleased to rebrand as Viant in conjunction with the close of this newest acquisition.”
In the past 15 months, MedPlast has expanded its portfolio of end-to-end solutions in the medical technology space with three acquisitions. Its most recent acquisition of Integer’s AS&O business doubles the company’s sales to almost $1 billion, expands its metals capabilities and extends its global footprint into Europe.
The acquisition also strengthens MedPlast’s ability to vertically integrate and simplify the supply chain for its customers.
In addition to rebranding as Viant, MedPlast announced that its corporate headquarters will move to Foxborough, Massachusetts, placing it in a major medical device hub near many of its customers.