MEMPHIS, TENN. (PRWEB) MAY 23, 2018
In’Tech Medical SAS (http://www.intech-medical.com), the leading Contract Manufacturer of medical devices in Orthopedics, announced today that it has entered into a binding agreement to acquire world renowned instruments and silicone overmold company, Bradshaw Medical Inc. The transaction, supported by Eurazeo PME, has been approved by the Board of Directors of both organizations.
Based in Kenosha, Wisconsin, Bradshaw Medical is an innovation-driven company that has built a first-class reputation with a relentless focus on customer service.
With over 40 issued patents, Bradshaw’s engineering team has designed a broad portfolio of OEM instruments and provides the industry with highly-customizable silicone overmolded solutions.
“With the addition of Bradshaw Medical to the In’Tech family, we are re-enforcing our position as a leading Contract Manufacturer of surgical instruments in Orthopedics, as well as adding significant market penetration power,” said Laurent Pruvost, President of the In’Tech Medical Group. “Enhancing our offering with Bradshaw’s high-quality OEM instruments portfolio and its silicone overmolding expertise, provides the group with unparalleled capabilities and scale. Together we look forward to reshaping the orthopedic market, with game changing “smart” instruments.”
With over 800 employees and projected 2018 revenues of approximately $120 million, In’Tech Medical is now a premiere engineering powerhouse, capable of delivering manufacturing solutions anywhere, at any time, to the benefit of medical device organizations worldwide.
“Bradshaw Medical is excited to begin this next chapter in our company’s history,” said Guy Bradshaw, Founder & CEO. “We take great pride in providing the industry with the highest quality surgical instrumentation and customer service. Our tremendous growth and success over the past 12 years is a direct reflection of our dedicated employees. Forming an alliance with In’Tech Medical will allow us to take our brand global and provide the orthopedic industry with our combined ground-breaking technology.”
In’Tech and Bradshaw will be exhibiting jointly at OMTEC, in Chicago, June 12-14 and look forward to sharing with everyone the group’s vision of the instruments for tomorrow.
About In’Tech Medical (OMTEC booth #630)
Founded in France in 2000, In’Tech Medical is a global leading contract-manufacturer of surgical instruments, implants, as well as sterilization cases and trays. Powered by 650 dedicated employees across the USA, Europe and Asia-Pacific, the company is strategically positioned to deliver customized solutions to complex engineering and supply chain challenges. Driven by innovation, In’Tech continuously enhances its product & service offering to accelerate time-to-market for its customers worldwide.
Since July 2017, In’Tech Medical’s development strategy is supported by Eurazeo PME and Andera Partners (formerly Edmond de Rothschild Investment Partners) alongside its management team.
About Bradshaw Medical (OMTEC booth #226)
Founded in 2006, Bradshaw Medical Inc. is an industry leader in specialized design and development of OEM and spinal instrumentation. Bradshaw Medical has continually evolved over the past decade to meet the most demanding requirements of the orthopedic marketplace.