Services provider to the medical device industry, MedPlast, has announced that it has acquired contract manufacturer Coastal Life Technologies.
Business Expansion
The announcement makes it Medplast’s second acquisition in three months, helping to expand the company’s range of services.
Medplast state that the acquisition enhances its finished device assembly capabilities.
Bill Flaherty, president, Medical Device Solutions, MedPlast, said: “Coastal Life adds another valuable capability to our suite of services that will benefit our customers. It has strong operational device assembly competencies that will enrich our overall quality and productivity, and bring us another step closer to becoming the first end-to-end contract manufacturing services provider in the medical device industry.”
David Huff, president, Coastal Life, added: “This is a great opportunity to bring together two highly complementary businesses. Both of our companies have high-quality standards and practices that, when combined, will make us a stronger organization. I am excited about the greater impact we can make by becoming part of MedPlast.”